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The myth that is China growth...

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  • #16
    Re: The myth that is China growth...

    Originally posted by kartius919 View Post
    You don't need Elliott wave to predict crap. How many times can the elliott wave theorist get it wrong before people realize they're frauds? You just need to open a history book.
    don't argue with the idiot wave theorists. it's hopeless.

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    • #17
      Re: The myth that is China growth...

      Originally posted by kartius919 View Post
      You don't need Elliott wave to predict crap. How many times can the elliott wave theorist get it wrong before people realize they're frauds? You just need to open a history book.
      Agreed; can any system predicts future behavior of all participants including the governments? Certainly not.

      I think Poincare nailed it down when he claimed "that any predictions are valid only for a very very short time as conditions change".

      (actually moving my avatar in his honor on weekends)

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      • #18
        Re: The myth that is China growth...

        Myth of China's Recovery 2.0
        11min.


        http://www.youtube.com/watch?v=LKGG490ZSlw

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        • #19
          Re: The myth that is China growth...

          Originally posted by kartius919 View Post
          You don't need Elliott wave to predict crap. How many times can the elliott wave theorist get it wrong before people realize they're frauds? You just need to open a history book.
          In the context of my post, I wonder what "get it wrong" you could be writing about. Are you saying that they get it wrong that economic calamity is often followed by war? As far as I know, this statement has nothing at all to do with Elliott Wave theory. (Do correct me if I am wrong here, as you may be more knowledgeable about EWT.) The statement is a commonplace observation made by historians, social scientists, political scientists, and so forth.

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          • #20
            Re: The myth that is China growth...

            D&G, thanks for the great video.

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            • #21
              Re: The myth that is China growth...

              http://news.bbc.co.uk/2/hi/programme...ht/8106758.stm

              another good vid.

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              • #22
                Re: The myth that is China growth...

                First, lumping Elliot Wave theorist with Faber to me implies giving them more stature than they deserve.

                Second, Elliot wave is a form of technical analysis to forecast the direction of the markets, not geopolitics. So it is not based upon elliot wave theory that he is making his predictions, but based upon history. So the claim "as predicted by elliot wave theorist" is misleading when elliot wave principles are not used.

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