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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (212200)7/24/2009 11:20:32 AM
From: GalirayoRead Replies (1) of 306849
 
Thanks .. I still think your count of A .. B .. C off the bottom pivot of 741.02 is the correct one. Irregular Flat .. if true the last time "Price" met with the Falling 55WMA it found it as Tuff R and made a major Plunge in May of 08 .. and the possibility of a repeat looms large. I've been looking for a 5th Down .. Prechter calling a 3 down took me by total surprise.

The Expanded or Irregular Flat fits a Wave 4 but counts 3,3,5.

stockcharts.com

elliott-wave-theory.com
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