For novice and pro
Ed Carlson has produced a video to explain a tool developed by George Lindsay and almost lost in the history of technical analysis. For those unfamiliar with Lindsay's work, it is important to note that Lindsay predicted market turning points months to years in advance. In this way, it is more similar to the work of Elliott than to a trend follower. While the techniques of both Elliott and Lindsay offer a degree of precision in the hands of a skilled analyst, Lindsay seems to be more objective. Broad market patterns need to be identified and smaller wave counts are not needed. This distinction should allow traders and analysts to enjoy more consistent results with Lindsay.
Lindsay himself said:
"The first original idea I ever had on the stock market remains the best. In 1950 I published a copyrighted pamphlet "An Aid to Timing" which introduced the concept of the "Middle Section". In all the years since then, I have mentioned the principle only once in my...
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