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trendfollowing's Commentaries

Feb 25 2010

Robert Prechter and Elliott Wave: I Want to Believe!

by trendfollowing
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From Tech Ticker: I like Robert Prechter. Met him in San Diego last year at the Richard Russell tribute dinner. But when it comes to Elliott Wave (Prechter’s baby), I need to walk the plank in disagreement. Prechter’s way of technical analysis is entirely prediction-based, whereas trend followers are reaction-based. That is no small difference. I discuss [...]


Tags: trend-following
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