The Elliott Wave is the modern day version of reading chicken entrails on the temple floor.
As I recall, and my guess is as good as the Elliott Wave theory, we were approaching a Wave 5 or something in 1999, which portended an imminent worldwide financial collapse within two years. Still waiting.
you don't consider the dotcom debacle and the 911 financial calamaties of the airlines a wave 5 event?...
we still may be staggering to the ropes if a second punch lands squarelyon our chin...
t