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Pastimes : Market Timer's Hall of Fame

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To: Moominoid who wrote (42)	1/31/2002 8:39:29 AM
From: At_The_Ask	Read Replies (1) of 121

I would avoiod rule breaking whenever possible. Every effort should be made to see what is truly in the chart. Rather than trying to squeeze what you want to see into your counts. Without the rules Elliot is useless. Even when I was short back in November I was producing bull counts, despite bear counts favoring my position. Ones may absolutely never be surpassed by their two waves. If you assume that dec 6 was the 5th wave up from the lows, and we have had a-b-c since then. The fact that your 1 is supassed by your two should tell you that either we are in a complex correction, or that the C down is incomplete. You might try exporting you charts as bmps and inverting them using MS paint. I've been doing that lately. It changes your perspective alot, and its kinda fun. Good luck. ATA

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