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Re: eastunder post# 596

Monday, 05/04/2009 3:18:35 PM

Monday, May 04, 2009 3:18:35 PM

Post# of 4476
If you follow Elliot Wave Theory, wave #3 is usually the largest of all 5 waves but is not very predictable. This usually follows a short retrace to complete a wave #4 to be followed by the most predictable wave #5. Lots of folks love wave #5 simply because the risk factor is somewhat lower.

I love a good wave #3! It keeps the blood pumping and if you catch them early enough, you can make significant gains. Good Luck!


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