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Strategies & Market Trends : Visit Mr. Elliott.
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To: skinowski who wrote (255)12/1/2005 10:31:48 AM
From: hawkeyefan  Read Replies (1) of 656
 
I am not interested in catching a wave down. Not nimble enough anyway.

I still have Dec 8 as a cycle low so I am just watching the action. I think EW wise a down C wave is quite possible yet. But it doesn't have to go below yesterday if I am
reading the rules correctly.

Yes, I am aware of the 4 year cycle and so is the whole world. People will try and time the beginning of the down move, including me. We will all be frustrated and then all of sudden it will start leaving most behind.

You know what could be very interesting is the fact that the
high could be in the same year as the low for the four year cycle. So then the question comes ---did we invert
and the cycle came in as a high? That we would mean
we do not take next year's high for more than four years.
I am just thinking and speculating as that cannot be set in stone. EW wise I would have to see how that fits.

I am starting to like applying EW into the cycles. That is if I read things properly.
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