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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (134252)	7/11/2006 11:23:53 PM
From: Moominoid	Respond to of 209892

If Jul 3 is A up then today's low could be A (3 waves) of B (and other scenarios are possible). Wednesday might not take out the low of Tuesday (today). If it does then it is a 5 wave A or 1 of a C to match the April-June decline. I am attaching the highest probability to Wednesday's low being lower than Tuesday's low. In almost all cases I checked when the model was in the current state there was a lower low on the equivalent of tomorrow (Wednesday). Almost a sure thing. FA: Was reading that the Iranians need to respond to the various initiatives by July 12 and so far haven't. The guy (Martin Weiss) thought that very bearish and why oil is up. Don't know how much weight to place on his opinion though.