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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: money-badger who wrote (167334)	2/5/2022 10:29:08 AM
From: SGJ	7 Recommendations Recommended By DD™ GROUND ZERO™ h_ isopatch kapex and 2 more members Read Replies (2) \| Respond to of 207993

EWave is governed by a vast rule book and alternate counts are the rule more than the exception. It works only on short time intervals when it does work. It can lead to some extreme projections. Same as following technicals like RSI/MACD/STOCHS etc. It works until it doesn't. These indicators, used exclusively, without any other tools, remind me of Mike Tyson's famous phrase, "Everyones got a plan until they get punched in the face". To me, the Cheif has a good predictive model, because he relies on much more than just one technical indicator. PK apparently just goes by EWave counts. Over the past several years, this model has called several tops much lower.