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
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
agree dollar count is not 1-2-3-4-5
Dollar...
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