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well, yes, I don't really want to have to learn eliot wave myself I find
it hard and it complicates things much more. There is the primary count
and then of course, well it must be the alternate count. This person
though does use eliot, but that is not when he wins. Then, he goes back
to kagi. Where does he post his chart? He uses black and red pencils
and posts it on a graph paper I believe. Graph paper could be the most
underrated trading material around. If you are using a stochastic or an
ema, then you ought to stick with computers I believe. Just a thought
though.
Peter Namtvedt wrote:
>
> At 07:08 PM 2/14/98 -0500, Paul Cote wrote:
> >interesting, but I know one at avid traders who tries all the smelliott
> >wave and other things but always comes back to kagi which is a lot like
> >point and figure. At the end of every hour, he posts his chart using
> >the close only. It works for him. Basically it is like point and
> >figure.
> >
> >TRaffertu@xxxxxxx wrote:
> >>
> >> In a message dated 98-02-13 02:25:06 EST, brente@xxxxxxxxxxxx writes:
> >>
> >> << I'm thinking that she must do CBH "end of day," it would be
> impossible to
> >> stay up with intra day. Do you experienced types CBH? Any other comments
> >> about CBH? >>
> >>
> >> Hi Brent,
> >>
> >> I do not chart by hand, but in reading "Living the Dream" by Gary
> >> Smith he reveals that he does all his day trading without a computer or
> data
> >> feed of any kind. He charts the S&P 500 by hand from the CNBC ticker!!!!
> >> (Ouch, my eyes hurt just thinking about trying that.)
> >>
> >> If this stratagy catches on perhaps we should short Intel & Dell
> >> Computer and go long International Paper & Dixon Pencile.
> >>
> >> Good luck and good trading,
> >> Ray Raffurty
> >
>
> Ray:
>
> Your lingo sounds a bit similar to mine a few months
> ago. It should be kept mild ("smelliot"?).
>
> Anyway, who is this guy who keeps coming back to "Kagi"
> and where does he post his chart each hour?
>
> (and now we'll hear from the peanut gallery about the
> pro's and con's of candlesticks. Well that would be
> fine, haven't heard from those proponents/advocates
> for some time)
>
> I believe in exponential averaging and stochastics.
> A propos comments on "leading" vs "following"
> indicators, EMAS can be a leading indicator.
>
> MACD can help.
>
> Pete
>
>
>
> petena9090@xxxxxxxxxxxxxx
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