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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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To: northam who wrote (85)1/10/2019 11:26:50 AM
From: Fintas  Read Replies (1) of 1781
 
Lots of info there.

However, I'll address these words.

"The BIG BEAR isn't due until 2031". The statement is too general. It is unlikely any saw 2008 back in 1996. So it is just as unlikely any can see that far out or the reasons for it to occur. I can see a decent retracement in the next 3 years and I would NOT consider it a BIG BEAR but a decent retracement. I'm on record re how low.

"Bottom line: I doubt we ever see your 1803 projection. If the W-SC-1 gets confirmed 1/18/19, I expect it will be a short one based on the projected future phases, 2346.58 will likely be the W-SC-1 low. Once the W-SC-1 is confirmed that takes care of all the Weekly overdue down phases. So it looks like this short Bear may be coming to an end within the next couple months. Today I added a short position. "

First I'll agree that there will be rallies but that 1803 can easily be taken out to see 1782/1728/and fill the LARGE gap up in the 1648. WILL IT? That's the unknown but here and now I'll stick with the retest of the recent lows is a given and then get ready for 2268/2106.

So just MY opinion and I can support such with many a PNF chart and other.

Fintas
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