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with regards to " I asked for an

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gratitude   Friday, 07/05/19 05:22:24 PM
Re: gdl post# 90
Post # of 327 
with regards to " I asked for an explanation why most everyone got that period wrong and have YET to get an answer. if you can't explain mistakes then the system is flawed" see post
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149749641
I wasn't using Elliott waves back then so I can not tell you why ppl didn't see it coming. I can only explain my mistakes since I started using Elliott Waves and not other's. But I can tell you that when I look at a chart from that time, it is hard for me to understand how they missed it - but hindsight is 20/20, so i take it with a grain of salt.

With regards to "That means EW is good for intermediate trading but NOT long term? if you don't know the longer term trend you can't know the intermediate one? is that not true? Don't you base your charts on where the long term trend is? That's a peculiar assumption in my mind." I do not know from where you got the idea that EW is good for intermediate trading but NOT long term. Long term, I said it few times that I expect a big correction in 2021 (or very beginning of 2022); intermediate term, I said in my posts that I expect 4 months of up trend with few corrections along the way (one next week for 40-60 points on spx, one end of July-beginning of August of about 100 points) - my weekly charts will provide guidance on all these when the time comes. For example, the one posted today provides guidance for the first drop of 40-60 points which should develop next week after spx reaches the 3003-3020 range. That's what i see in the charts - can I be wrong? of course. Could I have been wrong back in 2016 if i was using EW - of course. No method is perfect, but i found lately that EW suits me the best, and I believe I am really good at it - the time will either confirm it or not.

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