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S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,330.00
(
-1.22%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
78.57
(
-0.73%
)
Bitcoin
66,235.72
(
-0.87%
)
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techcharter

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techcharter

Re: None

Wednesday, 09/17/2008 7:37:03 PM

Wednesday, September 17, 2008 7:37:03 PM

Post# of 51820
Ewaves SPX DJIA

SPX
WAVE 1 Oct '07 High to March '08 Low
WAVE 2 March '08 Low to May '08 High
WAVE 3 May '08 High to present
Wave 1 of WAVE 3 May '08 High to July '08 Low
Wave 2 of WAVE 3 July '08 Low to late Aug '08 Highs, maybe a truncation
Wave 3 of WAVE 3 in progress. This should send the SPX down at least 400 points. Target of 900.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=6&dy=0&id=p71227652516

INDU same wave count. Target of 8000.

http://stockcharts.com/h-sc/ui?s=$Indu&p=D&yr=1&mn=6&dy=0&id=p71227652516

Targets are based on fibonacci ratios of Wave 3 = 1.62 * Wave 1
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