Yes, I’ve read his little teaser
tutorial on Wolfe Wave many times and that’s why I call it KISS. It
is simple and I believe it gives you a little edge. I don’t know
what you’d get for the $3K and I haven’t taken the course.
And I’ve never found, in hundreds of hours of posting on many blogs,
anyone who has taken the course. The WW searches I’ve done are
quicky descriptions of the method but do not comport to Mr. Wolfe’s
tutorial in many cases. So, no, I really don’t have anything that
would be more sophisticated than that tutorial unless you spent the $3K for the
fax back and forth Wolfe wave course.
Reading your post, you might not have
discovered the Wolfe wave teaser tutorial. It is very good although
I’m sure he’s holding back some things that he considers
‘secrets’ that are worth the cost of the course. I used to
have the link but I’ve changed computers. You’ll know
you’re there when you get the last couple screens that offers it for the
fee. It is well worth reading, a couple times (takes only minutes to move
through it).
Good luck, Jim
From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf
Of Kishore Rochey
Sent: Wednesday, March 18, 2009 2:53 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Wolfe
I read about this method of trading - Wolfe Wave some
10 years ago from the book ' Street Smarts '
A friend lent me the book to read.
Looking at the screenshot, I understand where you are
coming from.
Do you have any recent meterial on the setups or any
update of the Wolfe Wave trading method.
I remember that it was being taught by Mr Wolfe
himself for about USD 3,000.00 then.
----- Original Message -----
Sent:
Wednesday, 18 March, 2009 9:25 AM
Thanks Don. Actually, in early
March I was looking at looking at a larger timeframe and McHugh’s March 9
Phi turn date as being point 5 that got me long March 9. Looks like the
green objective line that is realized. On Friday near the close I flipped
short because we’d gotten so close to the objective (I quick called it
Friday as today demonstrates). Once the topping is complete (and
today’s move looked very ending diagonalish to me) this top becomes a
point 5 with Jan 2008 as point 1. That gives an incredibly lower
objective (see the second chart).
Which gets us back to the next apparent
Wolfewave with much larger time and price implications. Note that the
objective we reached recently through the bullish WW above now becomes point 5
of the new wave. The fly in the ointment is that point 5 above can
overshoot so it can still go higher before the dive. And EW would allow
this thing to piddle around for quite a while before embarking lower. Nevertheless,
the weight of EW “celebrity” analysts believe a wave 5 down is
forthcoming (Prechter and Neely notably).
From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf
Of Don Ewers
Sent: Tuesday, March 17, 2009 7:52 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Wolfe
Here is a different Wolfe wave pattern that appeared
back a week ago at the bottom I was watching. It is off Interactive
Brokers 30min charting so I can't label the 1-2-3-4-5, but look at the downward
wedge, a clear 1-2-3-4-5 and spring starting. Prices did retreat but stopped at
the lower TL (retreat not shown), then rocketed moving well above the target
line . . . telling us something . . . . this reaction was more
than a Wolfe?