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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (8743)8/20/2012 10:54:08 AM
From: Joseph Silent  Respond to of 41099
 
Those highs are 5-month highs Bob .................. and not last year's highs.

Even so, we will move up past them and get the 8-10% at least before any
seriously major development. But how we get that move is anyone's guess.

It could be a slow grind. It could be a volatile grind. It could go up and down
by that much two or three times before it tops. Who can say?



To: robert b furman who wrote (8743)8/21/2012 9:59:15 AM
From: rkchris  Read Replies (5) | Respond to of 41099
 
Hey Bob,
I fully agree with your upside breakout scenario;i.e, your 10% blast up example off the recent ES market reaction high of 1419.75 is 1561.72. The applicable cyclic ratio ES projections that I have are in the following cluster: 1545.32, 1548.25, 1559.90, & 1572.17. These targets should be reached before we experience any significant corrections.....


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