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Re:" Wolfe Wave" or Visual Patterns



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>The problem as I see it is that almost nobody bothers to say what
percentage of >the time a pattern workedover the last umteen years.

I believe Chartcraft did some studies on the profitability percentages of
Point and Figure formations. Art Merrill's Behaviour of Prices on Wall
Street (another '60s work) has a  statistical bent, but I do not believe
actually tests formations.

PG