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Thursday, 03/31/2011 4:51:49 PM

Thursday, March 31, 2011 4:51:49 PM

Post# of 51804
Prechter E-wave count

Bob Prechter of Elliott Wave International put out a promotional bit on free tutorials counting e-waves. He used recent US Markets as an example. He counts the markets as being in wave 5 of C of 2 of the bear market that started in 2008. Prechter's count now aligns with Nick Russo's. In comparing the two leading e-wave analysists, I find Russo is better in the equities, but Prechter performs better in foreign exchange and commodities.

http://www.elliottwave.com/freeupdates/archives/2011/03/31/Everything-You-Ever-Wanted-to-Know-About-the-Elliott-Wave-Principle-Free-.aspx

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