Elliott ABC after wave 5

Quote from dwl603:

There will never be any "100%" technical indicator and the sooner any one who uses technical indicators realizes that the sooner they will start making money, the bottom line is that what drives the market is buyers/sellers, at any point someone can destroy a technical indicator by sending a market order for 1,000,000 shares, what happens then?? technical indicators are bullshit, the only reason they hold value is because the masses of people choose to follow them, and they then become a self fulfilling prophecy.
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NOT!
 
Quote from gharghur2:

NOT!
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awsesome! I hope your making more money than me, and i Dont mean that in any derrogatory way, hope those "technical" indicators work well!
 
Quote from gharghur2:

Well I don't know who is making more money ???

But TA works especially when used with EW
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as long as you keep changing the counts to fit the situation...
 
I have heard that TA works well with both EW and BFD.

Also had periodic success with O40W and 4690.

Just one man's opinion.

Steve
 
sorry, moderator, please delete my previous post i had more time to think about it and now i know that ghargur is wrong, FIRST lets think about the word technical, meaning, TECHNICALLY, the indicators work, second please tell me how a TECHNICAL indicator holds up vs. legitimate buyers/sellers??? please explain this to me so i can retract my previous statement. How ccan a legitimate buyer/seller hold up vs. a "technical" indicator if there is no buyer/seller there? I did mean what i said though about hoping gaurghur makes more money than me.
 
Quote from dwl603:

sorry, moderator, please delete my previous post i had more time to think about it and now i know that ghargur is wrong, FIRST lets think about the word technical, meaning, TECHNICALLY, the indicators work, second please tell me how a TECHNICAL indicator holds up vs. legitimate buyers/sellers??? please explain this to me so i can retract my previous statement. How ccan a legitimate buyer/seller hold up vs. a "technical" indicator if there is no buyer/seller there? I did mean what i said though about hoping gaurghur makes more money than me.
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the action of legitimate buyers/sellers ... creates the technicals
 
sooo, does that mean gold goin' to suddently go bust[?]

if not, u can see da tops'n'da bottoms without all that astrological writin'n'u have no way of knowin' where da tops'n'bottoms will be exactly, innit[?]
 
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