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Re: support/ resistance



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Not correct.  The 1-2-3 pattern being marketed today
by Joe Ross and Ken Roberts is a pivot count, not a
wave count, therefore, the places these numbers appear
on identical charts would be at different places, and have
no relation to Elliott Wave.

Scheier

Bill Wynne wrote:

> >From: sstyers <sstyers@xxxxxxxxxxxxx>
> >Reply-To: sstyers@xxxxxxxxxxxxx
> >To: omega-list@xxxxxxxxxx
> >Subject: Re: support/ resistance
> >Date: Mon, 04 Dec 2000 09:09:30 -0500
> >
>
> >Bruce Gould called this pattern the 1-2-3 back in the seventies. Others
> >have also taken this idea attempted to commercialize it.
>
> Actually, what folks are selling as the 1-2-3 method is a piece of R. N.
> Elliott's (0)-1-2 (of his "5 waves," AKA impulse waves) circa the 1930's.
> >From what I hear someone had written about 1-2-(3)'s before him too. The cup
> and handle is a little different IMHO.
>
> Bill Wynne
>
> >
> >FWIW
> >