The fifth of the fifth has started. 1414 is not far away now.

Now in most Elliott Wave books they teach that the fourth wave does not go into the first wave or not much.

They also say there are exceptions but not often. Fifth waves in my book are an exception to impulsive wave patterns period. As they drum to their own beat.

Contrarian, versus alternation. I prefer the word contrarian. Have you ever met an contrarian. He or she always want to mix it up. Change some thing to be different. That describes alternation to the letter and why I like the word contrarian. The markets want to mix it and keep the majority of traders and analysts wondering about what is different.
For more information on rules that govern this system or for more frequent updates:

The fourth wave should come over to the trendline and then the final fifth up.

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http://sillywaves.blogspot.com/
charleydan