http://www.bostonwealth.net/2009/11/07/the-discussion-of-a-big-picture-or-can-we-go-higher/ Stock market commentary, fundamental & technical analyses on the financial markets Tue, 07 Feb 2012 22:52:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.bostonwealth.net/2009/11/07/the-discussion-of-a-big-picture-or-can-we-go-higher/comment-page-1/#comment-4727 Bill Sun, 08 Nov 2009 15:43:22 +0000 http://www.bostonwealth.net/?p=7810#comment-4727 Interesting analysis. I agree with you about this not being P2. In fact I am not convinced that this bear should be labeled as impulsive at all. The 2007-2009 decline could also just be Primary A and we could be in Primary B right now. Also the decline from 2007-2009 could be a completed A-B-C and the bull market could have resumed. The thing about E-wave is that there is always an alternate count that is often recognized to be valid only after the fact. It is all just about probabilities. That is why I like to look to other methods to help me determine which outcome is the most probable. IMO the most probable count is that we are in Primary B right now. Interesting analysis. I agree with you about this not being P2. In fact I am not convinced that this bear should be labeled as impulsive at all. The 2007-2009 decline could also just be Primary A and we could be in Primary B right now. Also the decline from 2007-2009 could be a completed A-B-C and the bull market could have resumed. The thing about E-wave is that there is always an alternate count that is often recognized to be valid only after the fact. It is all just about probabilities. That is why I like to look to other methods to help me determine which outcome is the most probable. IMO the most probable count is that we are in Primary B right now.

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