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Y worry Murray

10/15/12 6:08 PM

#47482 RE: techcharter #47480

Given that SPX closed today at 1440.07 (your target) I presume that your wave c is complete.

Where is the balance of power now?
http://www.stocktiming.com/Monday-DailyMarketUpdate.htm

Pacific Trading Academy's Glen Thompson Instructs Gann theory and says he sees an 80% probability of a market low on Nov 1st of ES 1394.8 or failing that 1372. Furthermore he sees a 90% probability of a Dec 19th high of 1619! I guess the Republicans are going to win. Tough break for the 47% of Americans. :-(

BlissBull

10/17/12 4:22 PM

#47487 RE: techcharter #47480

techcharter... "A wave three is a thing of beauty"
(and "gappy as hell")...

Yesterday´s big "gap-and-run" confirms the probability that this is wave three... Also, I have had this same basic ongoing wave count for several years...

I believe the "oils and minerals" are about to make the 1967 "nifty fifty" look like a bunch of laggards...

ENJOY THE RIDE!!!