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Author Message  tonyspry Member Username: tonyspry Post Number: 6 Registered: 04-2005 Rating: N/A Votes: 0 Sunday, June 19, 2005 - 04:20 pm:     Just a word of warning for those considering enrolling in any of the courses offered by Elliottician. Elliottician's CEO, Richard Swannell has lost a legal battle with ASIC and is currently being prosecuted by the CFTC(Commodities and Futures Trading Commission)of the US. http://www.cftc.gov/opa/enf03/opa4789-03.htm Richard Swannell has been successfully prosecuted by the Australian Securities and Investments Commission for distributing his software without a license http://www.asic.gov.au/asic/asic_pub.nsf/byheadline/04-221+ASIC+obtains+enforcea ble+undertaking+from+promoter+of+share-trading+program?openDocument (Message edited by colin_twiggs on January 25, 2007)  scarrie Member Username: scarrie Post Number: 222 Registered: 08-2003 Rating: N/A Votes: 0 Saturday, July 16, 2005 - 11:36 am:     Interesting article Tony. One thing that I found amusing was, at the bottom of the article, there is a link to the turtle trader website where they basically say don't believe the forecasting hype of the Refined Elliot Trader. Fair enough, but on the same page was a google ad for elliotician.com. Business is business after all I suppose.  stoian Member Username: stoian Post Number: 70 Registered: 03-2004 Rating:  Votes: 2 Saturday, July 16, 2005 - 11:57 pm:     Tonyspry and scarry, All what Ellioticians are saying is wrong. Why? Because movements on short terms are: WHEN NOT RANDOM, THEN HAZARDOUS AND SOME TIMES TILL CHAOTICAL THROUGH THE DEFINITION OF VARIABILITY=DISPERSION=VOLATILITY=SCATTERING OF EVOLUTIONS IN TIME. The single one thing that can be determined with GUARANTEED ACCURACY=certain level for the approximation error, IS THE WIDTH OF THE INTERVAL BETWEEN THE SUPPORT LEVEL AND RESISTANCE LEVEL, but all what was for the history, or it will be happening between this LIMITS=LEVELS OF SUPPORT AND RESISTANCE IS LIKE I SAID ALREADY RISKY THROUGH DEFINITION=UNPREDICTABLE. Regards, Doru Stoian

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