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Wednesday, August 12, 2009

After the bell update





Well that was a very exciting day with the FED, counts are still OK, so it is looking look we are starting wave 3 down, of A, of {B} of 2 up. There are starting to be more possibilities that this wave count will change, we are at a cross-road right now and cash is king, best to wait and see which direction the market will ultimately will head. The longer I look at the long term charts, the less comfortable I am becoming with the double ZZ from 666. I am a 50/50 bear/bull right now!! The two numbers to watch are 1017, and 992 for tomorrow.

2 comments:

  1. All I can say is: These guys who move the futures obviously dont know anything about EWT. The dummies are pushing the futures up to 1012 instead of 992. They must not have seen your chart above and will find out the hard way i suppose!

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  2. For some reason, cant get in the chat room today

    ReplyDelete