Posted by sschulman on 11th of Sep 2011 at 10:12 am
FRTaylor, agree with you, it's not 1-2-3-4-5. Those very
same points could be changed to 1-2-1-2-3, now in triangle 4, with
5-down to go. OR it could portend the other way: those very same
points could be A-B-A-B-C, and now beginning an upleg.
That's what I dislike about Elliott Wave for forcasting. There's
always an opposite-direction alternate count. Awesome example of a
great universal plan beyond human understanding. Not so good for
trading. :-)
.....Susan
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Not sure about that wave
Dollar...
Posted by frtaylor on 10th of Sep 2011 at 11:25 am
Not sure about that wave count - wave 4 shouldn't overlap wave 1 if it's 5-wave structure, right?
agree dollar count is not 1-2-3-4-5
Posted by sschulman on 11th of Sep 2011 at 10:12 am
FRTaylor, agree with you, it's not 1-2-3-4-5. Those very same points could be changed to 1-2-1-2-3, now in triangle 4, with 5-down to go. OR it could portend the other way: those very same points could be A-B-A-B-C, and now beginning an upleg.
That's what I dislike about Elliott Wave for forcasting. There's always an opposite-direction alternate count. Awesome example of a great universal plan beyond human understanding. Not so good for trading. :-)
.....Susan