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Friday, September 11, 2009

This is the best Bearish option I have come up with. I called it a Bullish option in the chart, but of all the options I have looked at, this is the best case for the bears, I am going bullish short-term. I also started a Wall Street Survivor account this morning to track my trades. As soon as I get things squared away I will post a link to the account!!
My WallStreet Survivor Account


  1. Excellent chart and analysis. What if the dollar bottoms next week and rallys? Will the wave count still complete your projection? Thanks

  2. They is always the option that this rally could be the full wave "C", with it in wave 4 of 5, now. It would be short (time-wise) compared to "A", but is still possible. This whole rally from 666 has been unusual, so it would not surprise me at all if we get P3 finished up next week.