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#1 eminimee

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Posted 19 February 2007 - 09:29 AM

We'll probably find some sort of top in gold and oil and bottom in the greenback.

http://stockcharts.com/c-sc/sc?s=$TSE&p=D&yr=2&mn=4&dy=0&i=p58615710834&a=90137006&r=9980.png

#2 LeroyB3

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Posted 19 February 2007 - 11:33 AM

Teaparty, We finally agree on a count. I have the TSE about to finish it's v of 5 of III. If this count is correct, Elliott Wave would say the TSE could see a fall to around the 10,800-11,000 area. Best, LB

#3 eminimee

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Posted 19 February 2007 - 11:43 AM

that's my bigger count too....so IV could test down to the previous 4th of lesser degree.....right where your target would be.

#4 SilentOne

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Posted 19 February 2007 - 12:52 PM

A good way to play a potential TSE correction is Horizon's Beta Pro Bear ETF (HXD.TO). The bull version is HXU.TO.

I have a partial position in HXD.TO. I believe its geared 2:1 to the TSE.

http://bigcharts.mar...&mocktick=1.gif

cheers,

john

Edited by SilentOne, 19 February 2007 - 12:53 PM.

"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#5 eminimee

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Posted 19 February 2007 - 01:32 PM

Silent...thanks for those...I wasn't aware of them...good to know.

#6 LeroyB3

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Posted 19 February 2007 - 02:37 PM

Uh...Oh.... Two E-Wavers just agreed. I thought I just felt some sort of chill...hell must have just frozen over. Best, LB