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Strategies & Market Trends : Longer-Term Market Trends

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To: ItsAllCyclical who wrote (1405)	7/19/2008 11:53:42 PM
From: illyia	of 3209

Yeah. But, if that "B" is an "abc" then the "c" can be impulsive. The question, to me is, will it break the line linked in the chart, below; the one that makes up the bear flag, and which probably just had a "throw-over" "c - impulse" wave. That's "probably": As in WTFDIK (what the &*($ do I know). stockcharts.com It is already poking down, hinting... If there is a failure (hinted at for many months on my spidery charts) then I am glad I sold GLD. However, I also have muchos physical at low prices, so I am :o) to buy more. "B" complete, with "C" to finish it off? Or a whole new up-wave. i. (P.S. What Skinowski said.) (PPS - I might add that GLD is a beautiful Elliot Wave chart, with its five ups and three downs, and all.)

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