PRICE-TIME REVIEW's   Market-View Weekly   a1
1
     SUNDAY, AUGUST 28, 2005  3:30 P.M.
US-EST  GSM-5

   
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FOR SUNDAY, AUG. 28, 2005:

ONLY THE SPX ANALYSIS,
  AND THOSE ITEMS WHICH CAN BE SELECTED AT THE MAIN MARKET-VIEW MENU (A1 ON YOUR LEFT), HAVE BEEN UPDATED.

THIS PAGE--WAS--UPDATED FOR 8/28/05
and is finished as of 2:30 PM on 8/28/05.

THE MAJOR NEW COMMENTS FOR 8/28/05 ARE ON THE SPX ANALYSIS PAGE 

BY THE WAY, the NEW S/R Postings and MISC Analysis can now be found by clicking the "MISC SUPPORT" tab on the bottom of the A1 menu (at your left).

THIS MENU STYLE AND THE ROTATION BETWEEN UPDATING THE FOUR INDEXES LISTED ON THAT MENU (SPX, DOW, CMPX, AND NYA), AND THE OTHER THING-EE'S LISTED THERE, WILL BE OUR NEW FORMAT.  

Andrew Quiggly

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WEEKLY QUOTE
and
MINI Tutorial on R.N. Elliott's WAVE THEORY
is below

please scroll down to view lesson #2


 
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END notices
   

Weekly Quote and Mini Tutorial:

" Eventhough we may not understand the cause underlying a particular phenomenon, we can , by observation, predict that phenomenon's reoccurrence.  The sun was expected to recurrently rise at a fixed time thousands of years before the cause operating to produce this
 result was known."

Natures Law (1946)    R.N. Elliott (1948)

 
MINI TUTORIAL

R.N. Elliott's WAVE THEORY



FROM LESSON #1 (8/18/05)

AT it's basic core, Elliott Wave Theory has two principal tenets, or doctrines.   The first, and in my opinion the most important, is that it provides a common language, or set of keywords and terms, that students, and other  practitioners of the stock market's historical trends and gyrations, can used to communicate with each other when analyzing a chart for reoccurring events and patterns.  

LESSON #2 (8/25/05)

R.N. Elliott's WAVE THEORY...lesson #2
 
   
  Before I move on into the nitty gritty of the theory itself, I want make a "very short" overview of it's history and give out some unsolicited advice in relation to the real world application of it...which I know is a bad thing to be doing but here goes anyway.

   For those who are just starting to work with Elliott Wave Theory, I would consider and remember these two important "points," which we have learned from the school of hard knocks:

1) No Pattern is ever the "THE ONE AND ONLY" pattern  possible...ever!

And

2) While everyone should learn the rules and guidelines and "try" to work their analysis within the boundaries of them, you MUST remember that THIS IS NOT AND EXACT SCIENCE and it is not regulated by anyone...period.  

Elliott Wave Lesson #2 is continued <here>  


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SOME "THING-ee"s  to keep in mind over the next
few weeks and months ahead:
 
posted 6/19/05
 

Added to or UPDATED on: 7/26, 7/29, 8/5, 8/11, 8/21,  AND 8/26/05

MOVED to <here> as of 8/28/05

 


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Andrew Quiggly
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