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techcharter

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techcharter

Re: None

Thursday, 10/08/2009 10:39:53 PM

Thursday, October 08, 2009 10:39:53 PM

Post# of 51808
WMT e-Waves

From the February '09 lows to present is WAVE B triangle in Wave E. I give this last wave of WMT's bear market rally 3 to 6 weeks to complete with a Target (ha-ha) of $51.50. The end of Wave E may coincide with Black Friday. Maybe even earlier if stores slash prices a few weekends in advance.

WAVE C down should take the same form as WAVE A down, a dounble zigzag from September '08 to February '09


http://stockcharts.com/h-sc/ui?s=WMT&p=D&yr=1&mn=7&dy=0&id=p58483248133
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