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Chapter Two
Nina Cooper:
You Gotta Know Elliott |
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Nina Cooper is an instructor at the Chicago Mercantile Exchange. She teaches an advanced technical analysis course, Elliott Wave Theory, which is based on the concept of cycles within cycles. As a powerful nonlinear forecasting technique, Elliott Wave Theory can be applied using any time horizon, from tick charts to long-term weekly and monthly data. I first met Ms. Cooper while attending a Market Technician meeting in Chicago. |
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I invited her to speak to my trading classes at DePaul University. Currently, Nina is president of the Market Technicians Association. This luncheon interview was done prior to her assuming that position. |
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Neal: Interviewing a friend seems so awkward, but this is the first time we've had the chance to chat for a long time. I just got done listening to a CNBC broadcast, and all they talked about were "good buying recommendations." |
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Nina: Of course, I think there is probably a bias toward being long. Most people who are nonprofessionals are more inclined to ask where they can buy and aren't thinking in terms of taking a short position. |
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