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techcharter

08/08/11 1:10 PM

#45770 RE: techcharter #45769

Double ZigZag Starting wave c

11:00 AM to 12:30 PM was a triangle. Only one more UP wave to go in the corrective sequence.

While the waves are coming faster, the last 2-3 weeks of counting has been easier than the 2 previous years. I think one of the "reasons" is a greater percentage of real people are making the buy/sell trades compared to the automated trading. It's a stronger emotional signal to measure.