The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: UncleBigs	6/13/2006 6:05:09 PM
	Read Replies (3) of 110194

From an Elliot Wave perspective, today looks like it completed wave 3 of 1. A counter trend rally should develop here to take the SP500 up to the 1250 to 1260 range before rolling over. It would appear we are set up to rally tomorrow regardless of cpi. Low cpi means Bernanke isn't an issue and it's time to party. High cpi means it's a lagging indicator and commodities have already gotten whacked. Time to party. Either way, it's time to party. Oil looks like it is either going to follow gold and break down hard or is going to rear it's ugly head and be a real problem.

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