Ewj: elliott wave

The Primary Wave V1]5) count is invalid now. :mad:
There are two counts left:
Count 1.
Intermediate Wave V1]4) is going to end near the end of Minor Wave V1]3)4 which is in accord with the big "M" pattern target at 12076, 1378, 2350.:(
Count 2.
Dow Theory confirmation by a close below August 16, 2007 close on November 21, 2007.
Are we entering the Bear Market of Primary Wave IVc] which may end below 7591, 815, 1172.:eek:
 

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I'm still on that ED C option of a the larger Y* wave untill it proves me wrong :))

SPX
elliotttarder1.png


INDU
elliotttarder2.png


* or C of a larger Triangle pattern
 
EUR/USD=1.4917, to be 1.5 soon, because another .25 or .50 rate cut is expected. .25+.25 = .50 so 1.5.:cool:
Santa Claus's "Crude oil at $108 in early 2008" is comin' to town.:eek:
Quote from mu200411:10-31-07 06:20 PM

Scenario 2.
.25 cut the Market rebounds then tanks.
Scenario 3.
.50 cut USD tanks to 1.5, the Market rebounds to new high.
Strategy 3.
More...
 

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Long term investors, short term investors, speculators, day traders, scalpers. It depends on how much they can tolerate.

Microwave correction = 40, 4, 8 points in the Dow, S&P and NASDAQ respectively.:p
Subminuette wave correction = 100, 10, 20.:D
Minuette wave correction = 200, 20, 40.:)
Minute wave correction = 400, 40, 80 points.:)
Minor wave correction = 1000, 100, 200 points.:(
Intermediate wave correction = 2000, 200, 400 points.:mad:
Primary wave correction = 7000, 700, 1400 points.:eek:

At this moment we have 1400, 150, 300 points correction. It is a Minor Wave correction turning into an intermediate Wave correction. :confused:
Long term investors become nervous, other Bulls have got out or forced out of the Market.:cool:
 
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