Quote from yoohoo:
Late last year there was a thread titled "ET Experts...can you complete my chart? Lets see which expert can complete my chart"
I posted a wave chart that you could bet your wife on. The idea was to give trend change dates with wave direction, NOT the exact reversal price as that needs closer management.
In other words the amplitude of the wave is given closer evaluation than months ahead.
It was just about bang on. I've included this so you have a long term cycle example as well as numerous intraday examples.
Of course it was just another coincidence.