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Sunday, 11/20/2005 11:01:07 PM

Sunday, November 20, 2005 11:01:07 PM

Post# of 51809
Santa Arrived Early

As I reviewed major US, European, and Asian markets this evening, I noticed something very consistent: An Elliott wave 5 that started from the October '05 lows has unfolded. The daily stochastics have been above 90 (very overbought) for several days, confirming the wave count. World markets are due for a net loss this week, regardless of what the holiday crowds do.

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