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WRONG WRONG
Neely has it in print in his book "Elliott Waves in Motion" printed a
decade ago. In that SPECIFIC book is a chapter forecasting the market
will reach 100,000 around 2050. At least try and give the man some
credit. He also stated the triangle would last 8 0r 13 years, with a
preference for the latter. The probabilities of you both coming to
the same conclusion at to level and year of 2050 is next to ZERO.
Adrian
>A Pitt
> G. Neelys work/analysis only extended only extended till October
>1988.
>Since then the market has traced out the exact structure as anticipated ,
>that being a running correction which ended with a running non-limiting
>triangle in late 1994. The only incorrect call was that the triangle would
>last 13 years rather than the 8 years it did. This was a fibo prediction.
>Since then the market has moved exctly as anticipated in terms of structure.
> THE ANALYSIS SINCE THEN IS AN ORIGINAL OWN WORK.
>Any correct analysis must start from a correct foundation of analysis.
> WHEN A PREDICTION TURNS OUT TO BE REALITY, IT BECOMES A TRUTH, NOT A
>COPY, SINCE THERE IS ONLY ONE CORRECT ANALYSIS
>
> NO REGARDS, PETER
>Sydney Australia
>
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** FOR SUPERIOR ELLIOTT WAVE ANALYSIS ON THE ALL ORDINARIES INDEX **
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/ \ b
3 / Adrian Pitt Phone(work) (612) 9237-3877 \ /\
/\ / GPO Box 3252, Fax (612) 9237-6882 \/ \
1 / \/ Sydney, N.S.W., email apitt@xxxxxxxxxxxxx a \
/\ / 4 1043, Australia. c
/ \/
/ 2 "Worry is not a sickness but a sign of health. If
you are not worried, you are not risking enough."
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