Saturday, November 08, 2008 10:17:25 AM
Dow Jones Elliott Wave structure......
Here is an updated version of what the Dow Jones Elliott wave structure is IMO. Looks to me that a larger symmetrical triangle is forming which is an Elliott type ( 5 waves A to E). After those are complete then I am afraid it's down again to 6000-7000. Have to see what happens but that what is what it looks like to me to be the most probable outcome. All IMO and of course I could be totally wrong.
Here is an updated version of what the Dow Jones Elliott wave structure is IMO. Looks to me that a larger symmetrical triangle is forming which is an Elliott type ( 5 waves A to E). After those are complete then I am afraid it's down again to 6000-7000. Have to see what happens but that what is what it looks like to me to be the most probable outcome. All IMO and of course I could be totally wrong.
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