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Correction
In my previous note I indicated a relationship between Wave 5 and Wave 4; I meant
Wave 3 and Wave 4.
Ralph
Ralph Volpe wrote:
> 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:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
> > ------------------------------------------------------------------------
> > 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
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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--
Ralph => E-mail => rjv@xxxxxxxxxx
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