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Don, I'm sorry I got your name wrong, but I do get some things right. Now, let's
see if I can get this market right. First, thanks for those monthly charts you
sent. However, I looked them over and have considerable disagreement on the
Elliot markings. What I disagree with, and I'm sure I'm correct on this, is that
too many places were marked as turing points that had no time relationship to
moves within the structure they were part of. To illustrate one example, the
major waves 1 and 2 are disproportionate. Corrective wave 2 is shown as two
months in duration and Wave 1 took several years to develop. The same is true
for Wave 5 and the corrective Wave 4 that they have designated. As I learned
Elliot, the key was to look for either equal time divisions or ones with some
Fib relationship before they were determined to be components in a larger
pattern. If you'd prefer, I can remark your chart with my designations and send
it to the list, but I won't do it unless some others feel that it beneficial.
Ralph
Don Ewers wrote:
> Its Don not Ben.
>
> SPC Is the S&P 500 cash
>
> Here are monthly charts with counts, the first with the "normal count"
> (numbers in blue curcles) and the 5/35 oscillator. If you understand AGET
> the 5/35 has lost "control" since the wave 4 depth below the zero lined
> exceeds 40% of the wave 3 oscillator height.
>
> That bring us to the monthly chart with long term count and the 10/70
> oscillator which has not reached zero (needed to identify a wave 4 low).
>
> The counts always place the largest part (height) of the oscillator as the
> wave 3. If you desire more information go to www.tradingtech.com and
> download the demo. It is very informative on how counts are generated vs
> your comments?
>
> If you have the time to look at the previous charts posted you will see each
> one folds into the next. I included starting dates of each chart and then
> referrenced them on the chart of the next larger degree so that you can see
> what each represents in large schemes of things. Like I said they all fold
> together for the moment.
>
> Hope this helps you see the picture which continues to unfold.
> don ewers
>
> ----- Original Message -----
> From: "Ralph Volpe" <rjv@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, October 01, 2001 10:48 AM
> Subject: Re: Fw: [RT] SPC Wave Counts
>
> > Ben, I just looked at the charts you sent but I haven't had a chance to
> analyze
> > what they signify. Since I'm not too familiar with the AGET format it will
> take
> > me some time. However, if you have a monthly chart of the same vehicle (I
> don't
> > know what SPC is) I would appreciate seeing it. By the way, is SPC the
> S&P500?
> > What I did notice, however, is a strange method they use to generate their
> > Elliot counts. For example, I see large waves without counts while smaller
> waves
> > have counts. It seemed like the program was rushing to arrive at something
> and
> > just grabbed any to and fro movement and made them some Elliot division,
> then
> > when a good turning point came along the program didn't go back to
> redesignate
> > the previous waves as subwaves. As I said, I have to study it more, but a
> good
> > long-term chart will help to solidify the major waves, which I'm still
> puzzled
> > over.
> >
> > Ralph
> >
> > Don Ewers wrote:
> >
> > > Ben, Ralph, I am not sure how much clearer a post below could have been,
> but
> > > for the moment they "are" all folding into eachother? Each time frame
> > > represents a sub count of the next. No Hodini is required just an open
> mind
> > > perhaps?
> > > don ewers
> > >
> > > ----- Original Message -----
> > > From: "Ralph Volpe" <rjv@xxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Sunday, September 30, 2001 10:40 PM
> > > Subject: Re: [RT] S&P Longterm
> > >
> > > > Ben, I didn't realize that AGET did that. Are you sure the counts
> you're
> > > > viewing aren't sub waves to larger waves? I don't use AGET, but my
> > > > problem with studying charts of different time frames and formats is
> > > > also to get a conclusive agreement to satisfy them all, but it mostly
> > > > takes Hodini to do it.
> > > >
> > > > Ralph
> > > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
> >
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
> ------------------------------------------------------------------------
> Name: SPCmonth092801Normal.gif
> SPCmonth092801Normal.gif Type: GIF Image (image/gif)
> Encoding: base64
>
> Name: SPCmonth092801LongTerm.gif
> SPCmonth092801LongTerm.gif Type: GIF Image (image/gif)
> Encoding: base64
--
Ralph => E-mail => rjv@xxxxxxxxxx
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