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Message: Re: Wild day today

Jul 13, 2011 05:13PM

Jul 13, 2011 05:22PM

Yeah, I never trusted that cycle stuff. Gann angles never made sense to me - no real standardization. And the only thing I take from Elliot Wave is the ABC correction, since it's so common. I don't know what cycles Larry uses, but he sure seems to be out of sync lately.

I just go with the common seasonal patterns, as long as the charts support them. As far as I'm concerned, the best tool in the shed is the simple trend line. Gold is very much on trend.

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