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techcharter

05/13/11 9:58 AM

#45562 RE: techcharter #45556

The Deer is Still in the Headlights

Markets continue to consolidate.

The flat count is out. Wave 4 may now be a triangle or a complex wave. Wave 5 may have started in all the choppiness. This corrective wave is about the same duration as the April correction, so a clear wave count should appear in the next day.