CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Perspective who wrote (9019)	10/20/2008 1:33:49 PM
From: skinowski	Read Replies (2) of 41477

Yes, it's a 4. The question is - a 4 of 3/3, or a larger 4 of 3? The later version would be the match to the rally out of the July lows. In this case we would be in for a (maybe) strong wave down, and then a rally to correct the entire decline since May. We both know that Mr. Market sometimes doesn't feel like following the textbook... but the waves clearly look incomplete. More down action seems to be "required" before we get a good rally. What is your view WRT 1929 - 1932 Bear? Was the 1930-32 a large extended 5th? Or, was it more like a big "C"? Been wondering about it... can't find a good chart to check.

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