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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.
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To: robert duke who wrote (1365)11/23/2001 6:04:49 PM
From: Moominoid  Read Replies (1) of 2290
 
My opinion is that we are in wave A (not 1). Within A we are in wave 3 of wave 3. There are five waves in A and each of them subdivides. My projection is for the top of A at around 2050 on NDX at the end of February. It did look steeper 2 weeks back but the action over the last 8 trading days suggest this much shallower slope. Wave 3 should take us into the first week of December, I think. Then there will be a correction - wave 4. Followed by wave 5 up. That completes wave the larger wave 3. Then the larger wave 4 correction happens. Then the larger wave 5 and that is the top of A.

Now, under some other counts this whole thing could terminate sooner than that or later. There are various "crossroads" along the way where the "roadmap" will be tested for which count really is in play.
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