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2007-2011 ANALOGY


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#1 emkay

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Posted 23 July 2011 - 06:29 AM

just FYI. interesting chart from Mike Sinibaldi TWEET.

link = Elliotwavelive - tweet

eom

#2 selecto

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Posted 23 July 2011 - 10:17 AM

If one is analoging, seems like one needs to know what the "internals" looked like then, as opposed to now.

#3 fib_1618

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Posted 23 July 2011 - 11:18 AM

It's fascinating how everyone seems to be seeing the same thing, and feeling the same thing of late.

Deception of the cruelest kind?

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.





 


#4 MarketAlly

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Posted 23 July 2011 - 02:48 PM

It's fascinating how everyone seems to be seeing the same thing, and feeling the same thing of late.

Deception of the cruelest kind?

Fib


Or the opportunity of a lifetime... I cannot agree with the above chart completely. People love to extrapolate to infinity every scenario don't they.

Edited by MarketAlly, 23 July 2011 - 02:48 PM.

The system wasn't designed so that most people could beat it.

* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation

#5 Lee48

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Posted 23 July 2011 - 06:31 PM

I just read about 5 possible e-wave counts.
About as useful as tits on a boar hog at major inflection points.
http://caldaro.wordp.../in...pdate‏/

But I still look at e-waves for minor moves. ABC or 1 thru 5.