The Dow. Wave analysis…

Posted on Dec 08, 2009 by in Letters

As illustrated here some interesting variations are taking place in the "surge -- drift -- flush" pattern which has been in effect since July.  In the present manifestation we count the surge as 12 days, and the drift as 15, although a higher high has been made during the drift.  Also the drift has certain broadening aspects. So far the flush has not appeared, so we wait confidently for Goldman to attack the market and furnish the flush we need to finish this pattern.

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