Replies to post #15486 on T/A ETF AND INDEX

[JLS]

capt ...

"... but wave counts are subjective at best and also are modifiable retroactively, so they are seldom outright wrong."

Those are two of the three points I have been making all along regarding EW; yet EW gurus keep insisting that I know nothing of EW. The word subjective implies that EW, as a means of communication, is a surrogate for more direct and objective communication.

[POKERSAM]

capt. - You tickle me. You can only take it so long before you have to comment on EW. It's OK, but kinda funny.