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Sunday, 31 August 2008

Elliott Waves Theory Basics

he Elliott Wave Theory is named after Ralph Nelson Elliott. Inspired by the Dow Theory and by observations found throughout nature, Elliott concluded that the movement of the stock market could be predicted by observing and identifying a repetitive pattern of waves. In fact, Elliott believed that all of man's activities, not just the stock market, were influenced by these identifiable series of waves.Elliott based part his work on the Dow Theory,...

Tuesday, 26 August 2008

Difference between Focusing on Problems and Focusing on Solutions

Difference between Focusing on Problems and Focusing on SolutionsCase 1When NASA began the launch of astronauts into space, they found out that the pens wouldn't work at zero gravity (ink won't flow down to the writing surface). To solve this problem, it took them one decade and $12 million. They developed a pen that worked at zero gravity, upside down, underwater, in practically any surface including crystal and in a temperature range from below freezing to over 300 degrees C.And what did the Russians do...??They used a pencil.Case 2One of the...