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Sunday, 02/03/2008 9:50:39 PM

Sunday, February 03, 2008 9:50:39 PM

Post# of 51808
Asian Dead Cat Bounces Are Almost Over

The Nikkei is finishing up wave 2 (double zigzag) of Wave 3.

Intraday chart

http://finance.yahoo.com/q/bc?s=%5En225&t=5d&l=on&z=l&q=l&p=&a=&c=

Daily Chart

http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&yr=0&mn=6&dy=0&id=p75635173805


The Chinese SSEC is finishing up wave 2 (flat) of Wave 3 that started on Jan 29.

Intraday Chart

http://finance.yahoo.com/q/bc?s=%5Essec&t=5d&l=on&z=l&q=l&p=&a=&c=

Daily Chart

http://stockcharts.com/h-sc/ui?s=$ssec&p=D&yr=0&mn=6&dy=0&id=p75635173805


The next major downsize moves for both markets will involve a plunge more than 20%, and have big gaps.

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