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I dunno who dope is or anyone else for that matter. I also dont care about the infantile egos people have. What I do know is he showed people on cttv where a lot of the KT stuff was dervived. Almost all of it is indeed wyckoff and dow. He even showed us where the gaining and losing levels came from (John J Murphy' book). Perhaps a lot of the people here should look into where KT came from and learn instead of fighting/blaming others for their flaws.
ok if you say so in regards to where it came from. I know people who know WYCOFF and said its not wycoff though some think so cos there may be a few terms used that are similar. The biggest thing that people miss out on is the impact to the momo of the trend from a short, intermediate and longer term view moving to support or resistance and what that causes, the subsequent price action, the process or progression or whatever one wants to call it from whats UNTESTED. CHEERS. NO MORE NEEDS TO BE SAID. BYE
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ALL I WILL SAY IS THIS. Just cos someone gives an opinion based on finding a few key words then looking for posts in other sources using the same word THEN SAYING THAT IS WHERE IT IS DERIVED FROM DOES NOT MAKE IT TRUE!! From my basic search of Wycoff I just did, its main focus is supply and demand and some other terms, no mention of momo, no mention of S lost or gained, what makes one more significiant than the other etc. So IF YOU WANT TO DRINK FROM THE IGNORANT KOOLAID, go ahead, believe what ever is fed your way be my guest. Anyone can show ypu Support lost or gained, talk about it but what makes one more siginficant than the other? Why would it react at one and not the other? Thats what the blogs adddresses. Do YOUR OWN HOMEWORK!!! CIAO!!!