You Can't Have It Both Ways

Free Brown Bear Resting on Tree Log Stock Photo

Image Source: Pexels

I am loathe to ever bash a fellow bear, but from time to time I’ve got to blow off steams about our friends from Gainesville. It has to do with, for example, this……….

………and, on the same day (Friday), this……….

In each instance, what they are doing is:

  • presenting two identical price charts;
  • on one chart, they “label” it as a market which is quite literally about to plunge (wave (iii) following a wave (v) of 5 of (5) which has already completed sub-waves (i) and (ii))
  • and, on the other chart, the exact same market “labeled” to have just a little bit more to go (just like the past 17 years or so) before all holy hell breaks loose.

You can’t say “it’ll go up or down.” You just can’t. At least not if you want to be useful to anyone. It’s annoying, at best.


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