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I've studied/used Elliott Wave for some 12 years now.
The only place I can count the waves with any accuracy is on the Dow Jones.
Have tried reading waves on most indexes and other futures/commodities but
the count just isn't there! I think most people who claim to use Elliott,
really use it in a way that's basically useful only for setting stops.
Other than that I would say that anyone who claims to be able to count
waves on charts other than the Dow is delluding him/herself.
That's my opinion and I'd like to hear from anybody else out there using
Elliott Wave.
Carlos Lourenco
lourenco@xxxxxxxxxxx
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