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Elliott Wave Theory
A debt cannot be cancelled by a debt. The creation of a new debt for the same creditor in order to cancel the old one constitutes a new error that must give birth to a new cycle of events. This is the law of the debt.
If the debt is not cancelled, it grows and the original creditor will probably not recover the entire amount. It is enough that he or she recovers part of the debt in order to avoid further losses. The creditor can take advantage of the new cycle and draw interest on the debt.
Cancellation of a debt and repayment of interest on it create a surplus, which may only be restored by the birth of a new debt, an error of the opposite sign and counteraction of its effects. This is the law of the surplus.
This is the cyclical law: an error always generates an opposite error of the same amplitude, but which is opposite in sign. The birth of an error always gives rise to a new cycle of events.
Category:Stock market
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