Quote:
Originally Posted by Jamie Saettele
All the reasons that I just mentioned and because guidelines say that in a flat, wave B is not more than 140% longer than A. Sure, both counts are POSSIBLE, but the bearish one seems more PROBABLE. There is no reason to take this personally, which I feel like you are beginning to do.
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Jamie, Im not taking it personally at all. Your are mistaken there. I have tremendous respect for your work. I just feel that before you declare a count, you have to eliminate all possibilities first. And I dont feel the possibility of a hge dollar rally should be discounted thats all. Im not saying the big wave C down that I expect will fall below wave A extreme. It could be an running flat. Who knows. Im just say that the dollar is due for a rally and my count makes the most sense to me. Your count seems a little odd to me thats all. We've both been right before...we've both been wrong before so this case is no different in my opinon. The dollar will rally becasue as the markets begin to crash as they are doing now, people will run to cash cause its what the need to survive. I don't think you could buy a loaf of bread with gold...not yet at least. Cash will be king for a while. I guess Well have to agree to disagree on this one.
