Gloveski, when you find that magic pill, let me know because I sure can use it, lol. I love Tasmania, and try to visit yearly.
No, haven't read tht book, and I have a very rudimentary knowledge of EW's, I must admit. Gurus like Prechter have too many rules which I can never remember, and while I am very confident with Fibs, can never work out where EW waves are supposed to begin and end.
Interesting that Robert Hughs has deemed this to be a Grand Super Cycle EW down, with cataclysmic consequences which could see the Dow close to zero---that's what he says--- simply because the Dow hit the intraday low of 2002 sometime in November, I think.
If it had not, that is, held up a few more points back in November, hey folks, nothing to worry about, just a severe correction. So the difference between armageddon and a stumble in the park is a few intraday points?????
Stuff like that makes me a little wary of EW's, but that's just me. I nonetheless pay attention to those who understand them better.
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