Agree with your a) and b) remarks. I see plenty of complex corrections, and yes, hard moves in the direction of prevailing trends are often parts of corrections. One person who helped me realize that was Elliottrules - ER. He is a brilliant guy, but I think at some point he wasn't careful enough, and may have gotten into trouble. I hope not.
Having subscribed to EWI for a number of years, I consider myself their "trainee". I think they are a classy, serious outfit, but I don't share their proclivity to overindulge in super-big ideas.
I read other "SI EW'ers"... people always keep coming up with ideas which haven't occurred to me... (g). But in the end, when it comes to putting money on the table, I only follow one person - the cute old yours truly.
Elliott fractals are indeed building bricks of larger structures, but they are not like the physical bricks... they are like "psychological" - or "probabilistic" bricks... - all of them having something in common, and yet, possessing infinite variability as they evolve and interconnect. It is possible, you know... Even in the physical world, as the electron rotates around the nucleus, it is both a wave and a particle. |
