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Originally Posted by Jamie Saettele
The A and B are the first two waves of a large correction that began in December 2004. We are looking for the C wave to unfold in 5 waves now. This is one count that fits all of the rules of Elliott. Most importantly, the USD rally in 2005 is impulsive and the decline since has been corrective (overlapping).
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Hi Jamie,
Do you see any other potential scenarios ?
What would invalidate this theory ? I am just trying to learn what i should be looking for to know when i am wrong, when making my own decision in the future.
Thanks a lot.
Serge
I was a the expo on saturday. I took the advanced fibonnacci but i regret i did not come for your presentation. I was affraid it was going to be too basic since it said it was for beginner. Maybe i should have. Sorry. Any chance to get your slide presentation, if you had one ? Thanks.