And what do you suggest we use instead? Don't just spew your misinformed critique and hatred, but also provide the reader with a better alternative. Be constructive, not destructive. Will wait eagerly for your better solutions.
Avi has been incredibly accurate for many, many years. He is one of the best EWers out there. Nobody is perfect and nobody gets it right all the time. This year has not been one of his best. So what? Even a sportsman on her/his way to becoming a world champion loses a few games during a season but is still ultimately crowned the champion. There's nothing wrong with the EWP, it is simply the interpretation of the price action by the EWer that can be wrong. Especially this year the market has been difficult to read. It happens. I've seen some really good EWers on Twitter this year, but who were wrong for many previous years in a row. Does that now mean they are better than Avi? Avi will get back in the saddle, he will not stay wrong for long. Thus, do not dismiss and critique what one does not understand (well), but learn and study it. Nobody is moving any goalposts. It is the classic response of those who do not understand the EWP and how the markets work.
Hi Armadeo, good observation, and question. Figure 1 shows a leading expanding diagonal a-wave. In diagonals, 1st and 4th waves can and may overlap. I like this option vs the larger a-b-c lower (fig 2) because it really signals the start of the multi-year bear market I already shared with y'all in June :-)
If you do not adhere to the guidelines, then I do not have to either. If you attack me personally, if you critique my work non-constructively, if you attack my character, etc. then I am fully allowed to defend myself and you will get the same treatment in return. Fair is fair. Do not hide behind these guidelines all of a sudden while not adhering to them yourself. I deserve to be treated with respect, dignity, and professionalism just like anybody else. If you do not do that, then why should I treat you any differently?!
Hi Kris, you are correct "if SP500 stays below 3886 and goes below Friday's low, it will likely go to 3300, and if it goes above 3886 it will then go above to 4000+". That simple. Closing basis matter indeed.
It has nothing to do with covering my ass. I only have two boxes, not four. Sorry to see you can't even count ... Did you read the last part? Do you understand the simple concept of probability of possibilities? And yes this is indeed what I think will happen because nobody knows with certainty what will happen. But I do know that if 3886 breaks there will be more upside ahead. I cannot for the love of god understand why you have such a mental block in understanding such a simple concept. As somebody infinitely wiser than you will ever be just wrote " appreciate there's a platform where analyst share their views for us to make an informed decision on the financial markets." My view of the market has been correct over the past many months. But i rest my case, one cannot argue with stupid. It has nothing to do with covering my ass. I only have two boxes, not four. Sorry to see you can't even count ... Did you read the last part? Do you understand the simple concept of probability of possibilities? And yes this is indeed what I think will happen because nobody knows with certainty what will happen. But I do know that if 3886 breaks there will be more upside ahead. I cannot for the love of god understand why you have such a mental block in understanding such a simple concept. As somebody infinitely wiser than you will ever be just wrote " appreciate there's a platform where analyst share their views for us to make an informed decision on the financial markets." My view of the market has been correct over the past many months. But i rest my case, one cannot argue with stupid.
Told ya, you got nothing. Here are GD's recent comments on many articles. Nothing but spewing negativity. Hence, it is not me, but G D who's the problem. A sad sack of sourness:
These Wall Street "investors" only know to go Long on everything, with no critical thinking with all the easy FED money.
Go lose your life savings with Bitcoin, Jason.
Corporate greed is the cause of this inflation, stop this over-trusting of diehard capitalism ideals
They're scared that they have to rely on analysis and skills rather than rely on the FED and go Long on everything mindlessly.
Ban crypto already.
They never learn, do they? They also thought the FED would stop and insisted on pumping the market during the whole fake rally of August.
This smells like 2008 all over again.
Classic Musk, overpromise and underdeliver.
Well, all of you bulls who downvoted me, thanks for making me money :) Keep being a Perma bull.
Etc. Told ya, you got nothing. Here are GD's recent comments on many articles. Nothing but spewing negativity. Hence, it is not me, but G D who's the problem. A sad sack of sourness:
These Wall Street "investors" only know to go Long on everything, with no critical thinking with all the easy FED money.
Go lose your life savings with Bitcoin, Jason.
Corporate greed is the cause of this inflation, stop this over-trusting of diehard capitalism ideals
They're scared that they have to rely on analysis and skills rather than rely on the FED and go Long on everything mindlessly.
Ban crypto already.
They never learn, do they? They also thought the FED would stop and insisted on pumping the market during the whole fake rally of August.
This smells like 2008 all over again.
Classic Musk, overpromise and underdeliver.
Well, all of you bulls who downvoted me, thanks for making me money :) Keep being a Perma bull.
Etc.
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