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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (3919)1/24/1999 10:19:00 PM
From: Claude Cormier  Read Replies (2) of 5676
 
<<.... Intermediate 3- 12/94 to present
........... Minor 1- 12/94 to 2/96
........... Minor 2- 2/96 to 7/96
........... Minor 3- 7/96 to 7/98
.................Minute 1 - 7/24/96 to 2/18/97 (a clear count inside this one)
.................Minute 2 - 2/19/97 to 4/11/97
.................Minute 3 - 4/14/97 to 7/10/97
Cumulative breadth top on the chart you linked was reaced on Minute 3 of Minor 3 of
Intermediate 3.

.................Minute 4 - 10/7/97 to 10/27/97
.................Minute 5 - 10/28/97 to 7/17/98 (extended)
.................Minuette 1 - 10/28/97 to 12/5/97
.................Minuette 2 - 12/5/97 to 1/12/98
.................Minuette 3 - 1/12/98 to 4/6/98 (NYSE A/D top)
.................Minuette 4 - 4/7/98 to 6/15/98
.................Minuette 5 - 6/16/98 to 7/17/98
........... Minor 4- 7/20/98 to 10/8/98
........... Minor 5- 10/8/98 to present (Jan 8th?). >>

January 11th maybe the start of that Intermediate 4 ?

But there are so many counts around

sellnow.net

that a beginner like me has problem finding the good one.

When I observe the many EWT practioners various counts, I conclude that this theory is far from perfect science. When one theorician is right with his count, the guy next door is wrong. Then a third one comes out with a new count that turns out to be the best one for a while. After a couple of waves, the first guy is again right...and so it goes. I am sure at some point EWT guys make a lot of money. But a lot of the time they are wrong on their count.

Makes me wonder if it is worth mastering EWT. So I am still watching and learning.

CC
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