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Strategies & Market Trends : Visit Mr. Elliott.
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To: Moominoid who wrote (192)9/1/2005 5:58:04 PM
From: skinowski  Read Replies (1) of 656
 
Triangle..... Well, when you start seeing "threes" up and down, that is certainly an option. I can also see the possibility of a running triangle, starting at the 2004 top. In this case we would be somewhere in Wave "E".

But in the end, I think, the bearish seasonality - along with this being the bearish part of the 4 year cycle - will find a way of playing itself out. I doubt that there will be significant new bullish advances until late next year. But then... all these are just interplays of probabilities.
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