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To: Galirayo who wrote (139785)12/30/2006 11:05:53 AM
From: Henry J Costanzo  Respond to of 209892
 
????.....Not clear just what you're saying to me, Ray...vbg

I've said nothing about February...and I never try to determine EW time frames..



To: Galirayo who wrote (139785)12/30/2006 12:18:18 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
Ray, the future is unknowable and unpredictable.... g/ng. EW is related to cycles, and it seems that cycles do exist... but they are at best fuzzy - and they constantly keep "translating" to the left and to the right. And the bigger is the cycle, the larger is the margin of error... assuming that the cycle is still "active". One of the greatest e-wavers out there is R. Prechter - and he is also the one who made the biggest mistakes.

Over the years I posted wagonloads of counts on this thread. They help - but if one puts too much trust into them - without using stops and without money management - they can lead to trouble. Remember Elliottrules? I miss the guy - he kept coming up with a constant flow of clean, elegant ideas. And look what happened.

I found one thing to be true about waves: If they "work", it all tends to play out nice and quick and pretty. But if they begin to "extend" and otherwise misbehave - abandon the count without mercy... for, even if you turn out to be right in the end, it may not be worth the wait and the risk. Walk away and look for other things.