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Wednesday, 03/15/2006 2:37:00 AM

Wednesday, March 15, 2006 2:37:00 AM

Post# of 79025
I got TWINS. Girls! Wow.


Reagan and Gabi. Reagan was 5.3 pounds, a bit small. And boy what a personality. Even for being so small.


Anyway, I just stopped in to check out the markets and grab some stuff before I head back to the hospital. My wife did a C-section, so we'll be there for a few days. I see the market's getting a bit of a sense that maybe Bernanke won't go much further. Remember, if the market senses the end of the rate hikes, it's sionara. We haven't broken out yet, so today could just be a small short squeeze. Without any real follow through, that's most likely all it will be. We'll have to see.

But one thing did catch my attention as I was reading some posts tonight and I just had to correct something I saw from Poker. And don't think I'm starting trouble. I'm not. And Poker, don't get all pissy. But your chart was just dead wrong.



I mean, c'mon. I know you have an opinion. The problem with Elliotwave is unlike any other type of indicator. All other classic add on indicators are very specific equations that can't be altered to fit your opinion. The problem people get into with them is how they interpret them. But Elliotwave's biggest problem, as evidenced by that chart above, is the large amount of human error that is created by the counter. Anyone with an opinion can label just about any chart to fit their opinion as to what they think will happen.

Oh, the holy hell I'm sure I'm gonna draw from Poker on this...Hehe
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