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Some great charts are shown on the WolfeWaves but forgive my
ignorance...aren't it "just" some ascending and descending triangles where
you connect point 1 and 4 to get a target?
I couldn't find a big difference to the triangles but maybe I miss
something...
anway thanks for the work and effort
carsten
----- Original Message -----
From: <MikeSuesserott@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, November 14, 2002 5:15 PM
Subject: [RT] A Failed Wolfe Wave That Made Money
> Those interested in Wolfe Waves might find it instructive to see how
> sometimes a Wolfe Wave may apparently be well-formed and yet fail to reach
> full maturity. This often happens when extraneous excitement is
influencing
> the market.
>
> That's what happened yesterday. Greenspan's remarks plus the Iraqi
> acceptance created a Wolfe Wave built on wild emotional swings;
> consequently, one wouldn't expect it to hit the target, and it didn't.
> Those who went short at the #5 point were still rewarded - see attached.
>
> Best regards,
>
> Michael Suesserott
>
>
> To unsubscribe from this group, send an email to:
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>
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>
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