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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: At_The_Ask who wrote (1721)	1/10/2002 6:51:19 PM
From: Moominoid	Read Replies (1) of 2290

This is an interesting count. I'm not sure what his long term count is but this one, although a bit dated, seems pretty reasonable. I don't get it - I'd have to see the overall count, I can't make head or tail of that. I have modified the "troll count" to show a complete 5 waves up since the september low. It's possible if you aren't worried about the overlaps in wave 3 of the series. That is what tells me that this up will be more extensive with that as a leading diagonal. Other TA confirms the same thing. However, I would still be looking for the 5 of 5 wave. I think the high this week was b of 4 of 5. If we don't correct soon in a major fashion then I will buy into the "new bull" scenario There's no need to do that - I am assuming this is the c of B wave which (latter) is either a running correction or expanding flat, depending how high we go. Only when we correct in big C or 2 of the new bull will it become apparent for sure that the new bull thesis is right or wrong... and only near the end of that move i.e. if it goes to 5 waves or falls below the Sep 21 low.

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