Top Articles - Finance

Elliot wave theory enjoys massive popularity - being described as advanced technical analysis, by many brokers and publishers.

Elliot wave theory has a huge and devoted following - s

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

hame the theory has no basis of sound logic that can help you make money!

Let’s look at Elliott wave theory in more detail and then look at sensible market analysis.

The theory was

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

named after Ralph Nelson Elliott, who concluded in his book “natures law” that the movement of financial markets could be predicted by observing, and identifying a repetitive pattern

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

of waves.

Elliott’s Profound Observation

Elliott came to the stunning conclusion that all natural phenomena are cyclical - and this includes the financial markets. This is true, but

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

we know that anyway - we know that at some time in our lives, we will feel rain when we venture outside, the question is when exactly?

So, markets are cyclical - big deal! What we w

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ant from an investment theory, is the probability of the event - i.e. when is it most likely to occur.

Elliott wave theory is an objective investment theory - but there isn't any obj

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ectivity in it at all!

It's all a subjective interpretation of peaks and troughs, in any time frame you like!

Does this sound a logical predictive theory to you?

The Theory

Based

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

on rhythms found in nature, the theory suggests that the market moves up in a series of five waves and down in a series of three waves.

The difference between the Elliott wave princi

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

ple and other cyclical theories is that the theory suggests no absolute time requirements for a cycle to complete - well that’s a lot of help!

The subjectivity is so great in Elliott

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

wave, that like most theories, everything is explainable in hindsight - but the difficulty is actually predicting the future.

There are so many interpretations of the actual peaks a

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

nd troughs in various time frames, that everyone will see them differently, this is hardly the basis of a predictive theory.

Elliott wave theory claims to be able to predict the mark

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

et - but gives no objective way of doing it in practice.

Who uses Elliott Wave Theory?

1. Investors who want an easy way to make money, and are attracted to the mysticism of such to

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

ols as the Fibonacci number sequence, to predict market retracements.

2. Investors who believe in the false assumption that you can predict market behavior in advance - and want an e

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

asy way to make money.

How Markets Really Move

Market prices are a reflection of the following:

Supply and demand fundamentals + human psychology = price action

This looks simple,

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

but is in reality, complicated equation - which is impossible to predict in advance.

Trading markets via technical analysis is all about putting the odds and probability in your fav

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

or, and no more than that. It is NOT a way of predicting the future.

Are there better theories than Elliott wave around, for making money from the markets? - A good exercise would be

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

to poll the entire top performing fund managers in the world and see how many of them take the theory seriously.

Predictive and subjectivity don’t mix!

The Elliott wave theory is a

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

predictive theory that leaves everything to subjective analysis.

If Elliott had worked out a predictive theory, why didn’t he give an objective way to make money from it? - Like mos

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

t predictive theories it doesn’t work.

If all investors could predict the market in advance, we would all know what was going to happen - and there would actually be no market at all

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

, as we would all know the market price in advance!

Elliott wave theory is supposed to be a predictive theory, but the only thing you can predict with it, is you will lose your money

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.toparticles.org.ua/article/103692/toparticles-Elliott-Wave-Theory--The-Myth-and-Reality.html">Elliott Wave Theory – The Myth and Reality</a>

BB link (for phorums):
[url=http://www.toparticles.org.ua/article/103692/toparticles-Elliott-Wave-Theory--The-Myth-and-Reality.html]Elliott Wave Theory – The Myth and Reality[/url]

Where did franchises originate? Discover the beginning of franchise opportunities.

Whether you are a newbie to Internet or a proud owner of a website, affiliate programs are great opportunities for you to make money online. It is an interesting concept that allows affiliates to develop a source of income and the program owners to sell their products more effectively.

Make the effort to integrate these 5 essential elements in every e-mail you send and you will contribute to the perception that you are tech savvy, courteous and a pleasure to communicate with. When it comes to e-mail its all about communicating with knowledge, understanding and courtesy!

Tags

Links

Top Articles - Elliott Wave Theory – The Myth and Reality

Related Articles: