RE: RE: RE: RE: RE: RE: RE: RE: WHY???I've seen Bob Prechter interviewed a couple of times now and have felt the perspective he brings to be a refreshing counterpoint to the "i don't care what other economists/traders think" school of vacuum analyses.
However, he seems slavish with respect to the "meaning" to be found in charts. I'm not convinced. Take for example the danerics link you provided (and thanks for that, btw), the guy says he doesn't care if the market keeps going up even though he is predicting the end of the trend because continued upward slope can only reinforce the correctness of his wave approach. Also, from the Emporer has no Clothes school of Bravura, he scoffs at retail being incapable of reading charts or selling at the top of the market. Needless to say I'm baffled by my own interest in this "school of analysis."
Have you noticed anyone of the bloggers from this EW camp change their tune recently? With respect to what exactly? Appreciate your time. tia