The Elliott Wave Principle, as popularly practiced, is not a legitimate theory, but a story, and a compelling one that is eloquently told by Robert Prechter. The account is especially persuasive because EWP has the seemingly remarkable ability to fit any segment of market history down to its most minute fluctuations. I contend this is made possible by the method's loosely defined rules and the ability to postulate a large number of nested waves of varying magnitude. This gives the Elliott analyst the same freedom and flexibility that allowed pre-Copernican astronomers to explain all observed planet movements even though their underlying theory of an Earth-centered universe was wrong.
Constructing evidence after the fact.
- Forums
- ASX - By Stock
- RGL
- RGL forecast
RGL forecast, page-32
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $6.652M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $24 | 4.878K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 9482381 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 5231079 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 9482381 | 0.005 |
8 | 5148996 | 0.004 |
9 | 5746667 | 0.003 |
11 | 12000001 | 0.002 |
6 | 10000001 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 5231079 | 9 |
0.007 | 4432941 | 6 |
0.008 | 1679617 | 4 |
0.009 | 124046 | 3 |
0.010 | 1703838 | 4 |
Last trade - 11.46am 08/07/2024 (20 minute delay) ? |
Featured News
RGL (ASX) Chart |