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Re: trader53 post# 32489

Monday, 10/22/2012 2:32:11 AM

Monday, October 22, 2012 2:32:11 AM

Post# of 60227
$SUGO is ready for "Elliott Wave 3" !!









Minor Waves 1 and 2, now complete.

The "5-wave impulse sequence",

(People buying on impulse)
from the low of 0.0001,
up to the high of 0.0008,

was followed by an A,B,C corrective move-down,
(People scared and selling, and profit taking)
to the intra-day low of 0.0002,
and closing low of 0.0003,


a 62% retracement,
of the 1st Minor Wave,
(0.0001 to 0.0008),
in what will be,
a series of "5-Waves".

SUGO now ready for Wave 3































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