InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,731.47
(
-0.12%
)
US TECH 100
19,436.00
(
-0.17%
)
Dow Jones
42,134.98
(
-0.42%
)
Brent Oil
71.59
(
-0.17%
)
Bitcoin
64,006.23
(
-2.47%
)
Post# of 51850
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

mr_cash4

Send PM Follow Ignore
Followers 46
Posts 2687
Boards Moderated 0
Alias Born 10/11/2003

mr_cash4

Re: None

Sunday, 02/05/2006 11:00:33 PM

Sunday, February 05, 2006 11:00:33 PM

Post# of 51850
re. USD & E-wave & Cycles, gotta say that the drop in USD from 2001 - Dec-2004 is a CLASSIX/TEXTBOOK 5 waves down with w3 is the extended one. R.N. Elliot would have been proud.

Also, imho Dec-04 marked the most recent 4-4.5 year cycle, and also most likely the most recent 8-9 year cycle low as well.

Therefore, right now USD is still rallying out of that low (as an abc up), and the next 80w (18-month) cycle low is ideally due May-July 2006. Will be interesting to see IF we can rally to new 52w highs out of that next 80w low ideally due early this summer.

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up