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techcharter

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techcharter

Re: None

Wednesday, 04/27/2011 5:02:32 PM

Wednesday, April 27, 2011 5:02:32 PM

Post# of 51875
China's Shanghai Long E-Waves

Preferred Count:

From the top in 2007 to the bottom in 2008 is WAVE A.
From the bottom in 2008 to present is Wave e of WAVE B triangle. The price is near the point of the triangle. WAVE C selloff should be starting any day now.

Alternate Count:

From the top in 2007 to the bottom in 2008 is WAVE A.
From the bottom in 2008 to present is Wave b triangle of WAVE B zigzag. The price is near the point of the triangle. Wave c rally should start any day now.

Either way one looks at the wave counts, a BIG move is dead ahead. Buy straddle options.

http://finance.yahoo.com/q/bc?s=000001.SS+Basic+Chart&t=5y
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