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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
61,033.78
(
1.20%
)
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RCKS

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Re: northam43 post# 1432

Thursday, 12/01/2011 2:47:05 PM

Thursday, December 01, 2011 2:47:05 PM

Post# of 2930
northam here are a couple views both Bullish interprtations of the market currently from Henry on SI.
This first post shows a TA perspective using the Falling Wedge Breakout to give a measured move to 1262.

http://www.siliconinvestor.com/readmsg.aspx?msgid=27790039

This post from sunday shows an E-Wave count where the drop to 1158 completed a Wave 2 correction. Wave 1 ended at the 1292 top.
This puts this current rise as a Wave 3 and if the Wave 3 equals Wave 1 in length it rise to 1370 +/-.

http://www.siliconinvestor.com/readmsg.aspx?msgid=27789467
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