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

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To: Gary Burton who wrote (1769)1/21/2002 6:46:34 PM
From: Stcgg  Read Replies (2) of 2290
 
Gary.........

The April 4th low could have been..

1. The end of wave 3 of A down
2. The end of wave C of A down

The subsequent rally was not a 5, it was a 3 so that knocks out the chance the bear was over at the April 4th 2001 lows.. So under #1 we are now in wave 5 of A down, having completed a wave 4 of A running flat, or under #2 we are in wave 1 of C down (or possibly still in wave B, to complete an e wave triangle)..

According to this Gold-Eagle forecast, we will be coming into several cycle lows at year end that would validate a continuing bear market..

gold-eagle.com

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