XJO 0.46% 7,953.2 s&p/asx 200

I have a question to all 'wave counters' out there .......I...

  1. 138 Posts.
    I have a question to all 'wave counters' out there .......

    I compared the two following ranges (I know a chart would be nice ... but yeah ... one day)

    Low 6 July (4163) to High 15 July (4461) => 298 points
    Low 25Aug (4243) to High 29 Sept (4723) => 480 points

    480/298 = 1.611 !!! Coincidence I was wondering...... don't think so!

    The only theory I could find that might help explain it are Elliot Waves. But I am not really sure whether the High from the 15July is a valid end to the first wave.I mean if it wasn't for all that noise between the 15July and the 25Aug this would be a perfect wave and I would have just turned into a wave believer.

    But is it or is it not?

    I have sleepless nights over this. So I need to find out where this is coming from. But before I start writing a book introducing the world to the new 'blink projection' and earn millions giving interviews on CNBC I thought I'd better ask first the experts.
 
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