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RE: [RT] Re: forecasting-track record



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Earl,

Miners work is good, but his EW is fairly simplistic, but he does
put it into a form that can be used by traders.  If anyone truly wants
to understand markets better and apply Elliott Wave in a far more 
accurate and scientific way there is ONLY ONE SOURCE of good
information.
and that's Glen Neely's book.  I STRONGLY WARN readers though not to
bother
With it unless EWT really takes your interest.  It's a big book and
EVERY PAGE
has critical information on it, so lots of learning and practicing. But
it
works, impeccably.  Its not a book about trading though, only accurate
wave
reading.  

Adrian

> -----Original Message-----
> From: Earl Adamy [mailto:eadamy@xxxxxxxxxx] 
> Sent: Thursday, 11 July 2002 1:46 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Re: forecasting-track record
> 
> 
> I think you make two valid points: know how to do the counts 
> yourself and be able to control/apply your own counts when 
> you don't like the automated counts. I highly recommend the 
> simplified EW approach used by Robert Miner in his Dynamic 
> Trader book ($100 with full money back guarantee at
> www.dynamictraders.com) ... I don't use the DT3 software. I'm 
> not familiar with EW3 (I did have WinWaves and didn't care 
> for it), however AGet which I use, allows one to control 
> counts to a limited degree (short term, aggressive, regular, 
> long term, plus localize) ... as a last resort I just turn 
> the EW counts off and apply my own labels.
> 
> Earl
> 
> ----- Original Message -----
> From: "wavemechanic" <wd78@xxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, July 10, 2002 9:28 AM
> Subject: Re: [RT] Re: forecasting-track record
> 
> 
> 
>   ----- Original Message -----
>   From: Karen Beckwith
>   To: realtraders@xxxxxxxxxxxxxxx
>   Sent: Wednesday, July 10, 2002 10:16 AM
>   Subject: Re: [RT] Re: forecasting-track record
> 
> 
>   Jeff:
>   Looking for a holy grail?  Have u ever looked into the EW3 
> (Elliott Wave)
>   software?  I can't find anyone who uses it, but it sounds 
> awfully good.
>   Anyone here familiar w/ EW3?
> 
>   I have not used EWII but did use the previous version 
> WinWaves, and EWII is supposed to have a better analysis 
> engine.  However, a couple of thoughts.  What is the correct 
> count?  There are many counts and in the last analysis the 
> only one that is right is yours.  So being able to do your 
> own count is important, and the software is a tool to 
> increase your efficiency and, perhaps, help you over the 
> rough spots.  Having said that, one important feature that I 
> would be sure to have is the ability to input my count and 
> see how it plays.  Most EW programs do not have this option, 
> but if I recall correctly ELWave does.  FWIW.
> 
>   best wishes,
>   karen
>   ps - May the force be with you.
>   :>)
>   :>)
> 
>   ----- Original Message -----
>   From: "jeff97_98_1998" <jprroth@xxxxxxxxxxx>
>   To: <realtraders@xxxxxxxxxxxxxxx>
>   Sent: Sunday, July 07, 2002 9:50 AM
>   Subject: [RT] Re: forecasting-track record
> 
> 
>   >
>   > "If one tries to fight these forces they will be destroyed. If one
>   > can unite and redirect these forces to
>   > ones advantage, one should be able to progress quite swiftly."
>   >
>   >
>   > Sounds like a re-run of Kung Fu.
>   > Grasshopper, my son, be of unity with the universe.
>   > Now catch this fly in my soup.
>   >
>   > Please enlighten me, how does one unite and redirect 
> these forces to
>   > ones advantage?
>   >
>   > How do I redirect a drought in the midwest, terrorist 
> attack crashing
>   > the S & P , lumber import regulations vs. canadian exports?
>   >
>   > Fundamentals, schmundamentals, blah, blah.
>   >
>   > I have the force, the unity, the polarity...
>   >
>   > Beam me up Scotty,  for I have discovered how markets
>   > work,  yet I waste my time trolling for fish.
>   > Why is that?
>   >
>   >
>   >
>   >
>   >
>   >
>   >
>   > --- In realtraders@xxxx, "Norman Winski" <nwinski@xxxx> wrote:
>   > > Reinar,
>   > >
>   > >   From one sailor to another, when one's sailboat hits 
> a sand bar,
>   > that's
>   > > called running a ground and that's not a good thing.
>   > >
>   > >  I know it's time for me to take a vacation. Your 
> sailing metaphor
>   > is
>   > > starting to make sense to me.<G>  Seriously, I agree 
> that sailing
>   > is a good
>   > > analogy for trading, but not for the reasons you have stated. I
>   > think
>   > > sailing is a good analogy for trading because in order to be
>   > successful, one
>   > > must join with the huge natural forces at work.  If one tries to
>   > fight these
>   > > forces they will be destroyed. If one can unite and 
> redirect these
>   > forces to
>   > > ones advantage, one should be able to progress quite swiftly.
>   > >
>   > >  Gann fans - the ideal position to attain maximum speed 
> is to have
>   > the sail
>   > > at a 45 degree angle to the wind.
>   > >
>   > > Nautically,
>   > >
>   > > Norman
>   > >
>   > >
>   > >
>   > > ----- Original Message -----
>   > > From: "reinar2020" <reinar2020@xxxx>
>   > > To: <realtraders@xxxx>
>   > > Sent: Sunday, July 07, 2002 12:33 AM
>   > > Subject: Re: [RT] forecasting-track record
>   > >
>   > >
>   > > > Elk
>   > > >
>   > > > Not only will I continue to use sailing as a metaphor 
> but I will
>   > > > expand the use. There are several reasons. Selling to "the
>   > traders"
>   > > > market is too limiting and more imortant.... If you can think
>   > like a
>   > > > sailor you can think like a profitable trader......
>   > > >
>   > > >
>   > > > If you have ever been sailing you would know that it 
> is kind of a
>   > > > zen like experience where you have a very specific 
> focus. All the
>   > BS
>   > > > that is provided by the media etc is gone.
>   > > >
>   > > > There are other advantages. Any monkey can draw an 
> Andrews line
>   > and
>   > > > if you read his totally incomplete "free" 60 page 
> lit.... at any
>   > > > time there are at least 20 or so that come in 
> tomorrow. So which
>   > > > ones do you use? Rather than take the standard 
> approach of here
>   > are
>   > > > the lines .....let get overwhelmed with stuff that is 
> useless.....
>   > > >
>   > > > I will focus upon about 3 kinds of sand bars and a marker.
>   > > > I did something similar in Vienna seminars and the 
> sucess rate of
>   > > > the students over a long time period was very high.
>   > > >
>   > > > Focus upon the chicken ( the end result.. you really 
> want ) not on
>   > > > the eggs.
>   > > >
>   > > > We look for 4 things...
>   > > >
>   > > > 1) sand bars (support and resistance lines) where 
> prices stop for
>   > a
>   > > > bar or 2 and then go through
>   > > >
>   > > > 2) sand bars where prices go through and then go back to it to
>   > touch
>   > > > it before continuing in the proper direction
>   > > >
>   > > > (the above are very handy for adding on positions or 
> getting in
>   > with
>   > > > definable risk....the other side of the sand bar line)
>   > > >
>   > > > 3) and finally sand bars that are likely to produce a 
> tradeable
>   > > > pivot ....like i pointed out on thursday in an email 
> I sent out.
>   > > >
>   > > > 4) and then how to find markers (probable future pivot points)
>   > > >
>   > > > Now instead of learning how to draw all of those 
> silly lines you
>   > > > learned how to draw lines that produced the above 
> .......wouldn't
>   > > > Andrews really work .....and very easily at that?
>   > > >
>   > > > Oh by the way did you ever learn what the Andrews 
> "ROS" line was?
>   > > > Hint....its a sand bar.
>   > > >
>   > > >
>   > > > Regards
>   > > > R
>   > > >
>   > > >
>   > > >
>   > > > --- In realtraders@xxxx, Infernal Elk 
> <infernalelk@xxxx> wrote:
>   > > > >
>   > > > > >>  John either you are blind or you faded the forecast.
>   > > > > >>  ...or does north mean go short to you?
>   > > > >
>   > > > > >>  R
>   > > > >
>   > > > > maybe if you spoke in market terms rather than 
> cryptic pseudo-
>   > > > poetic
>   > > > > "nautical" terms, people would understand you.
>   > > > >
>   > > > > if your desire is to communicate, then do so 
> CLEARLY.  if your
>   > > > desire
>   > > > > is to tease and to draw people in to buy your 
> product you'll do
>   > > > better
>   > > > > to speak clearly as well.
>   > > > >
>   > > > > we're not sailors.  we're traders.
>   > > > >
>   > > > > - *lk
>   > > >
>   > > >
>   > > >
>   > > > To unsubscribe from this group, send an email to:
>   > > > realtraders-unsubscribe@xxxx
>   > > >
>   > > >
>   > > >
>   > > > Your use of Yahoo! Groups is subject to
>   > http://docs.yahoo.com/info/terms/
>   > > >
>   > > >
>   >
>   >
>   >
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>   >
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>   >
> 
> 
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