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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: nspolar who wrote (974)8/7/2005 10:07:49 AM
From: Moominoid  Read Replies (1) of 2852
 

Yes I saw Shack's count and I do not see that one.


Yes, your count is different but both involve a big ED formation.

Why are you bullish on 06/07? And between I thought you also thought the markets topped in 06?

2006 and 2010 are four year cycle bottoms. I have 5 waves up from 2002 to the end of 2004 on the NDX (and similar counts on other indices). That was A of B IMO. Now we are in B of B. Specifically we are just rolling over I think from B of B of B to C of B of B.

OK so now we go down to late 2005 or early 2006 in the B of B wave. But after that we go into C of B up. It should be at least as big as the A wave from 2002-2004 IMO. So it could go up for two years to the end of 2007. After that a two year or so decline to the next cycle low and the end of the bear market or at least its real price trough.

Here is the NAS count:

rpi.edu

This was a recent count:

rpi.edu

Here is part of the SPX count:

rpi.edu

Of course, what looks like an ED may not be. Here is one of my alternative counts:

rpi.edu

Wave 4 of A up from 2002 is a prety subdued triangle here.
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