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User Info Elliott on the SP; entered at 2007-12-01 23:51:41
Genesis
Posts: 114038
Registered: 2007-06-26
Jinx, I use it as a short-term indicator, but as I note it can be (and often is!) wrong.

Its easy to fit it after the fact. The problem is that this doesn't do dick for you at the time.

But - a current wave count that you see, PLUS OTHER INDICATORS, usually gives you something tradeable.

You're not going to be right all the time. If that's the goal, take up basket weaving. Accepting that you will be wrong is part of the game.
2007-12-01 23:51:41