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To: Henry J Costanzo who wrote (135953)8/20/2006 9:31:55 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Democracy is a terrible political system... and EW is a pretty lousy roadmap to the markets.... it's just that in both cases there is nothing better.... ;)



To: Henry J Costanzo who wrote (135953)8/21/2006 10:45:39 PM
From: onlytron  Read Replies (1) | Respond to of 209892
 
EW is useful when used with other technical indicators ... not all on it's own. The waves can keep you in the right long and medium term trend, but they need to be confirmed by other TA. This is why the bulls/bears both have good points here. New bull market or counter trend bear market rally?
If you have the right TA you have the answer!