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Tuesday, 01/12/2010 4:31:22 PM

Tuesday, January 12, 2010 4:31:22 PM

Post# of 31925
Weekend Update #20284 and everything since looks pretty clear. As you can see EW provides foresight based on hindsight. The market follows the same patterns it has always followed over and over again in every time frame. "There is nothing new under the sun. The thing that hath been is the thing that shall be."
This is what I do in the Trading Pit all day every day. The only difference is I post up to 20 charts to illustrate the action, targets and patterns. A picture is worth a thousand words.
The proof of the pudding is in the tasting. If EW doesn't work in forecasting market moves, then I am the luckiest guesser in the world.
Tomorrow I will once again only be in the Trading Pit with the Play by Play. I will look at the probabilities and possibilities. I will call the most probable so I will probably be right. I will point out the possibilities so we will be ready in case I am not. Remember the most probable does not happen 100% of the time. It just probably will.
Sweet, isn't it?

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