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MULTIPLE WAVE RELATIONSHIPS


MULTIPLE WAVE RELATIONSHIPS We have found that predetermined price objectives are useful in that if a reversal occurs at that level and the wave count is acceptable, a doubly significant point has been reached. When the market ignores such a
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The Meaning Of Phi - PHI AND THE STOCK MARKET


The Meaning Of Phi The value of this ubiquitous phenomenon was deeply understood and profoundly appreciated by the greatest intellects of the ages. History abounds with examples of exceptionally learned men who held a special fascination for th
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Introduction to the Wave Principle - The Five Wave Pattern


Introduction to the Wave Principle In The Elliott Wave Principle — A Critical Appraisal, Hamilton Bolton made this opening statement: As we have advanced through some of the most unpredictable economic climate imaginable, covering depress
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FIBONACCI TIME SEQUENCES


FIBONACCI TIME SEQUENCES There is no sure way of using the time factor by itself in forecasting. Frequently, however, time relationships based on the Fibonacci sequence go beyond an exercise in numerology and seem to fit wave spans with remar
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THE WAVE PATTERN UP TO 1978 - The Grand Supercycle from 1789


THE WAVE PATTERN UP TO 1978 The Grand Supercycle from 1789 This long wave has the right look of three waves in the direction of the main trend and two against the trend for a total of five, complete with an extended third wave correspond
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Forecasting corrective waves


Forecasting corrective waves Depth of Corrective Waves (Bear Market Limitations) No market approach other than the Wave Principle gives as satisfactory an answer to the question, 'How far down can a bear market be expected to go?&qu
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INTRODUCTION TO RATIO ANALYSIS

INTRODUCTION TO RATIO ANALYSIS Ratio Analysis Ratio analysis is the assessment of the proportionate relationship, in time and amplitude, of one wave to another. In discerning the working of the Golden Ratio in the five up and three dow
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LONG TERM WAVES


LONG TERM WAVES In September 1977, Forbes published an interesting article on the complexity theory of inflation entitled 'The Great Hamburger Paradox,' in which the writer, David Warsh, asks, 'What really goes into the price of
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Introducing Fibonacci - The Fibonacci Sequence


Introducing Fibonacci Statue of Leonardo Fibonacci, Pisa, Italy. The inscription reads, 'A. Leonardo Fibonacci, Insigne Matematico Piisano del Secolo XII.' Photo by Robert R. Prechter, Sr. HISTORICAL AND MATHEMATICAL BACKGROU
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Relays

Relays Relays have a wide range of applications in industry.  Even with the advent of electronic controls such as programmable logic controllers and other solid state devices such as thyristors (solid state relays), the electromechanical r
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Build a monster subwoofer


Build a monster subwoofer Introduction It's not often that I find much to laugh about in a hi-fi shop, but recently I had an experience which had the staff wondering whether to laugh along or just call the men in white coats straight away.
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Active Sub-Woofer and Controller

Active Sub-Woofer and Controller PCBs are available for this project. Click the image for details. Introduction Sub woofers are very popular, with home theatre being one of the driving
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10-W Design giving subjectively better results than class B transistor amplifiers


10-W Design giving subjectively better results than class B transistor amplifiers During the past few years a number of excellent designs have been published for domestic audio amplifiers. However, some of these designs are now rendered obsole
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Electric Motors

Electric Motors If two magnets are placed close together their magnetic fields will interact.  They will either attract or repel each other, depending on the direction of their magnetic fields. Fig. 13  Opposite ma
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DC Motor Control

DC Motor Control DC Motor Starting When power is first applied to a DC motor, a high current can flow in the armature.  To limit the damaging effect this sudden high current can have, power can be applied gradually.
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Electricity and Magnetism

Electricity and Magnetism The basic units of electricity are voltage and current.  Voltage is the unit of electrical force.  Current is the unit of electrical flow.  If a voltage is placed across a conductor such as a wire then electrical
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AC motors


AC motors AC motors consist of a stator and a rotor. The stator windings are stationary.  When an AC voltage is applied to the stator, a magnetic field is produced.  The sinusoidal nature of AC combined with the arrangement of the
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AC Motor Control

AC Motor Control AC Motor Starting The simplest way to start an AC motor is to apply full voltage directly to the motor’s stator windings.  This is the Direct-On-Line (DOL) method. Fig. 43  Direct-On-L
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DC Motors

DC Motors DC motors consist of two magnets: a stator and an armature. The stator is an electromagnet or a permanent magnet. The stator coil windings are called field windings.  The stator is fixed in place so that it does not move.
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Motor Control Systems

Motor Control Systems Motors are used to drive loads.  The purpose of a motor control system is to control the speed or position of the load.  A control system does this by changing the voltage or current which supplies the motor in respons
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