Question of the Week: 2/13/2006
Does MEW cover all the ways the "Rule of Similarity and Balance" apply?
MEW was written 16 years ago, when my understanding of wave theory was still growing and evolving. On page 4-4 of MEW I mention two areas of similarity - Price and Time. I now realize a third area - Complexity - should have been included. Therefore, when you are comparing one group of waves to another, to qualify as the same degree, the group with the least number of monowaves should contain at least 1/3 that of the more complex group.
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