Ewj: elliott wave
- Thread starter mu200411
- Start date
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.Is it too early for Boeing Co. to go now 
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IATA says global airlines to lose $9 bln in 2009
June 07, 2009: 09:30 PM ET
http://money.cnn.com/news/newsfeeds/articles/reuters/MTFH78107_2009-06-08_01-30-14_SP478955.htm
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Posted by mu200411 on 08-17-07 04:38 AM:
If he did, he would have a more optimistic view. He may forecasted that Cycle Wave IV would be equal to Cycle Wave II which dropped 43% from the January 1966 high of 1001.11 to October 1974 low of 570.01 or 50% or 61.8% (a fibonacci retracement).
So the end of Cycle Wave IV may be forecasted to drop 50% from ~10600 or ~14400 to ~5300 or ~7200 in 8 years. Cycle Wave V may be equal to Cycle Wave I and rise to 33,000 or 44,800 in 1949 + 71 = 2020, the time when oil reserve is very low. Boeing Co., Exxon Mobil Corp., General Motors Corp. and United Technologies Corp. might have gone out of business.
?IATA says global airlines to lose $9 bln in 2009
June 07, 2009: 09:30 PM ET
http://money.cnn.com/news/newsfeeds/articles/reuters/MTFH78107_2009-06-08_01-30-14_SP478955.htm
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Posted by mu200411 on 08-17-07 04:38 AM:
If he did, he would have a more optimistic view. He may forecasted that Cycle Wave IV would be equal to Cycle Wave II which dropped 43% from the January 1966 high of 1001.11 to October 1974 low of 570.01 or 50% or 61.8% (a fibonacci retracement).
So the end of Cycle Wave IV may be forecasted to drop 50% from ~10600 or ~14400 to ~5300 or ~7200 in 8 years. Cycle Wave V may be equal to Cycle Wave I and rise to 33,000 or 44,800 in 1949 + 71 = 2020, the time when oil reserve is very low. Boeing Co., Exxon Mobil Corp., General Motors Corp. and United Technologies Corp. might have gone out of business.