Its subjective when the market is repetitive ??
A good example of this of late would be Prechter moving from his low target of 400 to a new target of 2000 for the Dow. Somewhere between mid 09 and now, the market conditions changed so much that a low prediction changes by 1600 pts on the dow, I suggest its more to do with a subjective thought changing.
Nothing wrong with it but it illustrates best what EW is
Heres a recent chart of our repetitive market, the only thing that stops us all from achieving from the repetitive nature is our emotions and subjective nature ???
I love Gann workings as well, but I do survive on very few pages from his books
If you do write a book, amuse me and put 2 words in it, leave all the fancy stuff out and I reckon will make squillions
Patience
Discipline
I trust you will now sleep well tonight :)))
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