Pokersam's Swamp Drain Message Board

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Pastimes : Pokersam's Swamp Drain

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DayTraderKidd

Kirk ©

To: Kirk © who wrote (3418)	4/12/2023 6:19:05 PM
From: POKERSAM	2 Recommendations Read Replies (1) of 4342

I will try to clear this up again. I was WRONG and we did see 4000 and 4100 again. I have never thought it above me to admit I was wrong. Unlike several others here. These corrective bounces went higher than I thought they would. They invalidated nothing in my count since they did not break the top at 4325 which was the top of Cycle wave X. My count remains the same but those two bounce corrections went higher than expected. They did not get high enough to change my count. We saw a bounce to 4195. This was near the first of Feb. We then fell nearly 400 points to 3808 in mid March. Just a reminder, since we are reminding posters of their errors, in mid Feb. I read this post. Over the next month we dropped to 3808. It is the best case of confirmation bias I have ever seen. Message 34191853 We now have bounced from 3808 to 4134, a lower top so far. I think more downside is to come that should take us back near 3491 and then another bounce in a wave 4 before dropping in 5 to a new 4818 correction low. This will of course mean that those who think 3491 was the end of this correction from 4818 will have been wrong. They will have to do major overhauls on their charts because they will have all been wrong. If it doesn't happen you can remind me again that I can be wrong. If it does happen you can remind others they were wrong. IMO, eventually we will work our way down in Cycle wave Y from 4325 to near 2012 to 2200. This wave Y will be the meat of the correction from 4818. Which, by the way, I was right about in Jan. 2022 then everyone else but me called for a new ATH at every dip all the way down to 3491. When we break 3491 they will call for a move to a new ATH at the next low. A bullish bias is hard to overcome. I hope that clears things up because I don't know what more I can say.

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