Saturday, October 17, 2009

Elliott wave thoughts....

I'm considering the idea that wave 3 and 5 both threw over the channel based on a combination of fed pumping, corruption in analysts buy recommendations leading to the tech wreck, more fed pumping after 9/11 with more rating agency corruption leading to the housing crash and now a finale desperate fed pump that has only brought us back up to test the upper channel line. (labeled wave B) which suggests a collapse on deck (wave C) which takes us down through the lower channel line by late summer or early fall of 2010....

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