The Syntax of Elliot Wave Theory
Hilarious chart via EliteTrader (h/t Barry) of the dreaded Black Swan discussed in Nassim Nicholas Taleb’s book of the same name. Why are Elliot Wave dudes so humorless? A commenter at The Big Picture chides: While you may be joking around, an Elliot Wave Technician will tell you that what you’re observing is actually a very ominous pattern. The five wave move down that completed in March may have only been an initial first wave down….we’ve recently completed the wave 2 last week….and now…
Tuesday, June 3, 2008
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