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Where to start the count is the grey area to me. That aside I just can't see Armageddon unfolding which is what you offer with your wave count.This is the main problem with Prechter and his merry men i.m.o.. (not suggesting you are one of them) he has been bearish since 2000 to my knowledge, maybe earlier. He has lost his subscribers all their money advocating short positions and DOW sub 100. He still runs the doom and gloom message. It just isn't going to happen...it's not reality. However, it is good for gaining more subscribers...people love the big calls. Yes, totally off topic so back to the XAO next time!
Where to start the count is the grey area to me. That aside I just can't see Armageddon unfolding which is what you offer with your wave count.
This is the main problem with Prechter and his merry men i.m.o.. (not suggesting you are one of them) he has been bearish since 2000 to my knowledge, maybe earlier. He has lost his subscribers all their money advocating short positions and DOW sub 100. He still runs the doom and gloom message. It just isn't going to happen...it's not reality. However, it is good for gaining more subscribers...people love the big calls. Yes, totally off topic so back to the XAO next time!
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