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

appeal to all 'wave counters', page-2

  1. 9,861 Posts.
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    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 ???

    Photobucket


    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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