Mr. Market did sort that one eventually and continues to do so.

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Cabbie

9,223 Posts.

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23/07/21

10:28

Post #: 54714120
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Originally posted by FlashPoint: ↑

Some may call it feud, but seeing that charting threads are there for the discussion of charting, they can go into detailed examination of technical analysis. TA being a specialised topic obviously not everyone will be able to follow the finer details of a discussion and with that the difference of opinions within certain TA rules and the application of different methods and theories.

Some chartists my have have more experience in the application of TA rules than others and therefore there may be differences of opinion arising from that. As we saw there was a difference of opinion during the discussion weather LTR was in a Wyckoff Method distribution or re-accumulation phase, which upset a number of readers here. I think Mr. Market sorted that one eventually.
Now we seem to have another difference of opinion on EWT and its application in regards to the LTR wave count. So one chartist's wave count is suggesting a dramatic correction down while the other with a differing wave count is suggest the continuation of the prevailing up trend. Seeing that these opinions are 180 degrees opposed, it may take Mr. Market's guiding hand once again to show the way out. In the meantime some readers unable to follow the discussion for what ever reason may once again get upset and calling it a feud, a pi$$ing or measuring competition.

Be that as it may, in the end the will be a some conclusion with a resulting direction of SP end of story! In any case hopefully someone will have learned something out of it, be that the chartists or some of the readers. However for some it will go straight over their respective heads and they may continue to insist on commenting or making claims about something they aren't really comprehending or simply aren't equipped for.

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Mr. Market did sort that one eventually and continues to do so.

LTR Price at posting: 80.0¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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