|
PureBytes Links
Trading Reference Links
|
Adrian,
Interesting, never thought of it that way, thanks. I can live with that.
That also sets up an interesting comparison. A September high in the SPX
1530 to a low in December of 1254 = 276 points. Last big rally peaked at
1177 less 276 points = 901 which was the low yesterday?
don ewers
----- Original Message -----
From: "Adrian Pitt" <apitt@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, July 12, 2002 5:06 AM
Subject: RE: [RT] AGet EWave counts
> BW,
>
> Looking at the charts you sent, I can say without any shadow of a doubt
> that the 1-2 counts is incorrect...impossbile..and totally non
> sensicial..but it's a count you will see put on a chart.
> Now I can't say the other chart with a failed is correct because I
> haven't done wave counts on the S&P, but I can tell you the TRUE
> termination point of the bull trend is that September high NOT the March
> high. Almost 100% certainty on that. The clue? Just follow the price
> action subsequent to each of the labelled points. Also the wave 2 label
> is totally out of proportion in both time and price to the wave 1....so
> eliminated immediately.
>
> Adrian
>
> > -----Original Message-----
> > From: B W [mailto:tradewynne@xxxxxxxxx]
> > Sent: Friday, 12 July 2002 1:04 AM
> > To: realtraders
> > Subject: [RT] AGet EWave counts
> >
> >
> > Ewavers and AGET users,
> >
> > I wonder how you guys resolve the counts from the Y2K top(s).
> > To my way of thinking it's hard to see the AGET "1" down as
> > an impulse down. I understand GET only looks back X bars, so
> > what do you do when GET is clearly wrong? Check the
> > SpxFailed5th.gif. AGET counts the abc to 4 as "1." This
> > changes everything from there forward in the longer term
> > counts. See SpxFailed5thABC.gif.
> >
> > My next question for the ultra bears: if we are in .3 of 3
> > why are we seeing several of the best breadth ratios of the
> > last few years? The red sub-chart is the daily A-D ratio.
> >
> > Last, I know some count the first Y2K decline as a short 1,
> > followed by a larger 2. To me this is a complete distortion
> > of the basic patterns. Wave 2 is 2500% as long a 1. See
> > Spx2is2500%of1.gif.
> >
> > On a general note concerning Elliott: some of my best trading
> > periods ever were the result of pure Elliott Wave trading.
> > Moreover, some of my favorite systems attempt to quantify
> > basic Elliott Wave ideas (identify impulse vs corrective
> > swings and fade the corrections). I think there is value in
> > Elliott. All that said, over the years, I've evolved into
> > more of a mechanical trader. It's just less subjective and
> > less work. When you are on the right side of an EWave count
> > trading can be sweet, but when you've got it wrong you just
> > get killed. Look at Prechter.
> >
> > BW
> >
> >
> > __________________________________________________
> > Do You Yahoo!?
> > Sign up for SBC Yahoo! Dial - First Month Free http://sbc.yahoo.com
> > ------------------------ Yahoo! Groups Sponsor
> > ---------------------~--> Free $5 Love Reading Risk Free!
> > http://us.click.yahoo.com/TPvn8A/PfREAA/Ey.GAA> /zMEolB/TM
> >
> >
> > --------------------------------------------------------------
> > -------~->
> >
> > 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/
>
>
---
Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.370 / Virus Database: 205 - Release Date: 6/7/02
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Save on REALTOR Fees
http://us.click.yahoo.com/Xw80LD/h1ZEAA/Ey.GAA/zMEolB/TM
---------------------------------------------------------------------~->
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/
|