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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (39044)3/6/2009 5:54:54 AM
From: Fiscally Conservative  Read Replies (1) | Respond to of 207300
 
You are reading that backwards. June should be an intermediate top. WE are setting up for a nice rebound into June,imo.



To: da_cheif™ who wrote (39044)3/6/2009 8:51:53 AM
From: rogermci®  Respond to of 207300
 
5000 Dow, 500 SP? No more Wave 3? Sounds like you're throwing in the towel on the EW stuff.



To: da_cheif™ who wrote (39044)3/6/2009 9:37:07 AM
From: Teaparty  Respond to of 207300
 
fwiw...based on my own cycle work, I've got a turn the week of March 16th..and looking for a low...then a bigger turn date the week of July 6th...
Cycle work is based on a weekly chart so unfortunately have to give 3 to 5 days either side of the dates...
We could get a strong rally out of an upcoming low...then the retest of the lows could be in early July...if early July turns out to be a high...then we most likely head down and put in THE low in the more fashionable month of OCT....more crystal balling than anything else...