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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (205818)	3/2/2014 2:01:47 PM
From: POKERSAM	Read Replies (1) of 209892

Henry - I would be very interested to see how you counted the green wave 1 that you show ending at 1344.07. I don't see how you could get five waves from 666 to 1344 without having a problem with the third wave which also would need to be five waves. How this move from 666 to 1344 is counted is, of course, critical for the following count. IMO that move from 666 to 1344 can only be counted as a 1,2 leading to another smaller degree 1,2 with 2 beginning at 1344 OR as an ABC as I have shown many times on my five year chart.. I commend you for recognizing 1344 as the beginning of the corrective move to 1074. A lot of Elliotticians missed it. I realize that I am a stickler for the rules and guidelines. Many who use EWP are really not interested in the finer points or making a big deal out of every wave's correctness. I would understand fully if you just tell me it is too much bother and you would rather not answer or deal with it. Really, that's OK.

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