by Chiu Man-cheong and Lo Kin-chung. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leave 1 (4th gp.)). / ABSTRACT --- p.iii / TABLE OF CONTENTS --- p.iv / ACKNOWLEDGEMENT --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- LITERATURE REVIEW --- p.4 / Variations --- p.7 / Ratio Analysis --- p.13 / Applications on Real Markets --- p.14 / Chapter III. --- METHODOLOGY --- p.16 / Wave Counting --- p.20 / Fibonacci Targets --- p.22 / Data Source --- p.23 / A Note on Notations --- p.23 / Chapter IV. --- RATIO ANALYSIS --- p.25 / Fibonacci Relationships --- p.25 / Results of Ratio Analysis --- p.28 / Wave 2 --- p.29 / Wave 3 --- p.30 / Wave 4 --- p.30 / Wave 5 --- p.31 / Summary of Results / Chapter V. --- FORMULATION OF TRADE PLANS AND RESULTS OF SIMULATED TRADING --- p.32 / Formulation of Trade Plans --- p.33 / Trade Plan No. 1 --- p.35 / Pre-conditions of Trade --- p.35 / Trade Initiation --- p.36 / Cut-loss Mechanism --- p.38 / Profit Taking --- p.39 / Trade Plan No. 2 --- p.41 / Pre-conditions of Trade --- p.42 / Trade Initiation --- p.42 / Cut-loss Mechanism --- p.43 / Profit Taking Point --- p.44 / Trade Opportunities Scan --- p.46 / Trade Case 1 --- p.52 / Pre-conditions --- p.52 / Trade Initiation --- p.52 / Profit-taking/Cut-loss --- p.53 / Trade Case 2 --- p.54 / Pre-conditions --- p.54 / Trade Initiation --- p.55 / Profit-taking/Cut-loss --- p.56 / Trade Case 5 --- p.57 / Pre-conditions --- p.57 / Trade Initiation --- p.58 / Profit-taking/Cut-loss --- p.58 / Results of Simulated Trade --- p.59 / Discussions on Simulated Trading --- p.62 / Chapter VI. --- WAVE ANALYSIS AND MARKET PERSPECTIVES --- p.65 / Analysis of the Broadest Swing --- p.66 / Phase 1 Price Movement --- p.67 / Phase 2 Price Movement --- p.70 / Future Market Perspectives --- p.78 / Chapter VII. --- DISCUSSIONS --- p.82 / Experience in Wave Counting --- p.82 / Limitations of Elliott Wave --- p.85 / Practical Issues --- p.86 / Chapter VIII. --- CONCLUSIONS --- p.92 / APPENDICES --- p.A-l / Chapter 1. --- RESULTS OF RATIO ANALYSIS --- p.A-2 / Chapter 2. --- DETAILS OF SIMULATED TRADING --- p.A-3 / BIBLIOGRAPHY --- p.B-l