More nitty gritty wave analysis of the Dow

Posted on Dec 01, 2008 by WHC Bassetti in Letters

December 1 2008 The Dow takes a 7.7% dive.  This is a surprise?  No.  What's a surprise is the abruptness of the down draft after the up draft of last week.  

Here is where we left the Dow measuring waves on November 14:

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