Wednesday, 11 July 2007

Wait. Can we go up yet again?


Sure the market turned down yesterday as anticipated. Sure I still believe that the next big move will be to the downside. But I am not quite sure "THE" moment has arrived. Why? My Elliott Wave count. It shows that we still need to complete wave 5 up from the March low.

Hmmmm... wonder if we will surprise the short-term bears and begin to rally upwards again.

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