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The original post in this thread was directed at (SELF INCLUDED) at the posts that had been appearing over the preceding fortnight STATING  that the XJO was in a EW corrective move by posters who have very limited experience in this school -- some even blatantly overiding the views and advice of those who do have the qualification  of experience in this field.


Even having the naivety to be predicting prices under EW analysis and the STATEMENT that this is a correction without any mention of possible counter views from the schools that they are familiar with .


The P&F chart is simply another school --- am not advacoting that it is the "holy grail" and as with all methods there are other schools contained within P&F   eg: DuPlessis .



Even the old stand by 10/40 weekly (another school) has shown throughout this period that the XJO was still in a Bullish Stage .


What amazed me in all this was no one was seriously challenged .


I,m not actually saying  the methods had lost the plot --- BUT some of the practitioners certainly appear to have


Cheers


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