I found this below on youtube and it reminded me of some Elliott analysis about irregular a-b-c-d-e-f-g-............._x-y-z correction, which convinces me as a whole book
discussing the sex of angels.
the problem is to find the solution to the equation X^2 - X^3 = 12. An endless sequence of mathematical relations follows to find out an answer that is more than obvious.
Here it is when you keep it simple :
X^2 - X^3 = X^2(1 - X)
X^2(1 - X ) = 12
12 is equal to plus 4 multiplied for plus 3 or minus 4 multiplied for minus 3 , but we can eliminate this second possibility as X^2 can't be equal to -4
So, the solution comes from :
X^2 = 4 , 1-X = 3
which gives X = -2
One billion of complicated reasonings avoided and two minutes taken instead of half an hour.
The analysis of the stock market is the same thing, it works only if you keep it as simple as you can, that at least is what I have come to learn over many years
and I will never forget it as long as I will be trading the stock market.
Edited by andr99, 18 June 2024 - 07:56 AM.