Oh -- here I am, the detractor. (g)
I decided to give Poker a break for a while. I hope it is understood that my only intent is to hold EW accountable, not the practitioners (they do their best).
"I have never been late in my life. I am always early or on the money."
The chart in iBox has been showing an upturn coming for at least a week. Of course it will, sooner or later. That's the beauty of EW -- adjust the final turn when it happens. Unfortunately, the market has traded down for that week. How many here went long because of the anticipated turn?
It isn't a virtue to be correct regarding direction or final value when wrong on timing. In fact, normally when timing is wrong then final value will also be wrong unless a subwave is invoked or a slope is changed. Whatever the case, everything has to be right for it to work.
"... a public record is indispensible and irrefutable."
I would like to see that. It would be very educational. For the record, initial predictions (EW lines) could be drawn in red, and final values could be drawn in green. All subwaves would be included; and quarterly (or longer) charts would be archived for future analysis.
