InvestorsHub Logo
Followers 38
Posts 4774
Boards Moderated 3
Alias Born 02/09/2006

Re: MRVLReader post# 220

Monday, 02/23/2009 9:22:27 AM

Monday, February 23, 2009 9:22:27 AM

Post# of 541
Here's the problem with EWI - they have been so dead wrong for so long. Every once in awhile they get it right, but from my experience, they've been wrong I'd say at least 60% of the time. I used to subscribe a couple years ago and then they put out this 'alert'. Now they get upwards of $60+ a month for a subscription. They then put out this alert wanting you to pay $200 for what they have stumbled on. I did (sucker) and basically they said they had a setup in Silver that showed it breaking down possibly in a 50% loss move on a wedge break. They supplied the wave counts to back it up. What happened? It DOUBLED in 2 months!

Nice guys. Robert Prechter runs it. He's been so wrong for so long it's amazing he has anyone subscribing. It's one thing to be right in the end, but if you're wrong all the way up, you probably don't have any money left in the end.



That said, the wave count sets up like this ---


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.