Woven, Read this back in march 2013, what are your thoughts ?
I think this is interesting, Elliot Wave Update .
"Grand Supercycles consist of five Supercycle waves.
SC 1 rose from July 1932 to Oct 2007. The DOW rose during this period from about 40 to 14,200.
Then the bear market from Oct 2007 to March 2009 corrected 54% of that advance to end SC 2.
Supercycle wave 3, a multi-decade bull market, began at that time.
Supercycle waves consist of five Cycle waves.
Cycle wave [1], this bull market, has been underway since the March 2009 low. And, to confirm it presence it has already made all time new highs.
When this somewhat short Cycle wave [1] concludes, estimated to top in late winter/early spring of 2014, a nasty, but short bear market should follow.
Then the Cycle wave [3] bull market to follow should last two to three decades."
There still is plenty of time to get prepared.
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