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It may not be new news to the denizens of RT but it probably
is to the rest of the world. And being in BW provides some
with a feeling of acceptance by the business world...
JW
-----Original Message-----
From: Steven Poser [mailto:sposer@xxxxxxxxxxxxx]
Sent: Thursday, April 13, 2000 5:56 AM
To: jw@xxxxxxxxxxxx; realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] FYI: Technical Analysis vindicated!
This is pretty old news actually. The Market Technicians
Association (MTA),
which I am a member of, has been working with these guys for
a while, as
well as with Wharton, to develop programs in technical
analysis at the MBA
level.
There is also an ongoing bout between Bob Prechter and
Benoit Mandelbrot.
Mandelbrot announced that stock market prices are fractal
and described
things just like Elliott in a paper. He claims that he knew
nothing of
Elliott. However, Prechter sent him the books he wrote on
EWave long before
Mandelbrot ever wrote any of his stock market papers.
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
swp@xxxxxxxxxxxxxxx
<snip>
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