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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (41093)8/10/2011 4:04:50 AM
From: westpacific1 Recommendation  Read Replies (1) of 71456
 
Thinking 9600 for this first wave down; of course we bounced; nothing goes straight; so now the wave 2 up; we recovered what; one days loose! Also thinking of first week of October to tag that final 9600 low!

It was extreme oversold and the robots kicked in.

The final low is out into early 2013, gonna take time to chop lower into those dates. We are only finishing off Wall 6 in the Kitchin Cycle; the real fireworks begin next year once we enter the Wall 8 and 9 of this current Kitchin Cycle. Wall 8 should start sometime in April 2012.

Anything can happen of course; but it stands logic that 9600 should be the low into year end. We finish off this Wave 1, then five new waves working upward into the Wave 2. Being a wave 2; do not expect too much of a rally once it starts.

LOL

West
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