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"You cant get a little bit pregnant"..........there is only one elliott, &
theres no inbetween or more or less. A market only has one correct answer,
so only one correct elliott approach.
Regards
Peter Karaguleski
Nam Et Ipsa Scientia Potestas Est
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Saturday, 18 November 2000 1:53
Subject: Re: [RT] Elliott Wave
> While not a purist's approach to EW, I think that there is a great deal
> to be said for simplicity ... if the pattern is clear, it can be traded
> and if it's not clear one should stand aside until it is clear. Not that
> one might not miss some trades from correct interpretation of complex
> patterns, especially all those zig zags and complex's, but trading is a
> business of stacking the odds in one's favor so risk/reward should be
> more favorable where the patterns are clear. For those reasons I prefer
> Robert Miner's simplistic and straightforward approach to EW.
>
> Earl
>
> ----- Original Message -----
> From: "Steven W. Poser (psn)" <swp@xxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxx>
> Sent: Friday, November 17, 2000 7:39 AM
> Subject: RE: [RT] Elliott Wave
>
>
> > For some reason, my previous response did not get through.
> >
> > I have the Neely book. He has taken EWave beyond anything Elliott
> wrote to
> > the degree that it does not look like EWave anymore. The book is a
> tough
> > read. Neely may be an excellent analyst, but this book is not for
> beginners.
> > Every rule has 20 other rules attached to it. Wave counts from Neely
> > followers look nothing like anything written by other EWavers. That
> does not
> > make it wrong or right, it just means that it is not what Elliott
> wrote (in
> > my opinion).
> >
> > You should get the book by Prechter/Frost of Elliott's original works.
> Or,
> > for the self-serving part of me, the book "New Thining in Technical
> > Analysis: Trading Models From the Masters" and read the chapter that I
> wrote
> > on Elliott.
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
>
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