it looks like the top came in on july 22. so far it seems we have completed waves 1 and 3 down and are in a wave 4 i think.
so we should bounce and then sell off to maybe the 1250 area in the sp before we get a larger bounce. 1250 area would complete
wave 1 down.
fwiw
g
ewave thoughts
Started by
gannman
, Jul 29 2011 09:26 AM
3 replies to this topic
#1
gannman
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Posted 29 July 2011 - 09:26 AM
feeling mellow with the yellow metal
#2
dasein
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Posted 29 July 2011 - 10:17 AM
how about we completed it and maybe retest (not much lower if at all) but go up from here?
Edited by dasein, 29 July 2011 - 10:17 AM.
best,
klh
klh
#3
gannman
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Posted 29 July 2011 - 10:37 AM
how about we completed it and maybe retest (not much lower if at all) but go up from here?
its certainly possible. well know over the next couple of days. if wave 1 down completed then
a nice bounce here. i dont think it is but is a definite maybe lol
feeling mellow with the yellow metal
#4
fib_1618
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Posted 29 July 2011 - 10:54 AM
http://stockcharts.com/c-sc/sc?s=$NYA&p=D&st=2011-01-03&en=(today)&i=p20223978831&a=240536698&r=265.pnghow about we completed it and maybe retest (not much lower if at all) but go up from here?
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