RE: [RT] Gann Fan on the Bonds

[c_r@xxxxxxxxx]

Steven,

Perhaps I should have quoted off "scientific wave count", i.e.,
the effort to to break A-B-C- -- waves into three or five events based on
internal structure (fib extensions, retracements and time) and draw
conclusions from this as to the nature of the correction. 
Discernable five wave counts are the hallmark of EWave.  The
difficulty in applying the theory is in the complex corrections. 
They are obvious (afterward) when the market moves to Wave 5, not so
obvious while they develop.  There are failed Wave 5 patterns that
can be reclassified as corrections.  Hence the need for alternate
counts.

Charles Marchand
At 08:34 PM 11/2/00 -0500, Steven W. Poser wrote:
I am
not sure what a scientific wave count is. My specialty is EWave. EWave is
just a tool. I think that it is one of the better tools out there, but
more because it allows you to understand who, what, why and wherefores of
the market more than the exact to-the-tick targets. However, there are
times that the market goes exactly where it "should" go. That
said, a five 






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