|
PureBytes Links
Trading Reference Links
|
RT's Group,
As long as were on the subject of the EW. Have any of you ever pondered
the why of it? Why is there 5 waves with 2 counter waves and not 3, 6,or
7.... I read something not long ago about "scientific testing" of head and
shoulders formations done I believe by a branch of our US gov., and the
conclusion was that the pattern is for real. This would lend some support
to EWer's because the head and far shoulder are the one, two waves for
Elliott.
Best Regards,
Brent
----------
> From: Scot Billington <scot.billington@xxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: GEN: Help Elliott Wave Prin.
> Date: Tuesday, March 17, 1998 2:22 PM
>
> At 03:05 PM 3/17/98 EST, G144man wrote:
> >historically the only thing elliot wavers ever got was a chance to wave
> >goodbye to their money.
> >
>
> This is incorrect.
>
> According to Barclay's, one current CTA reported using Elliott Wave in
|