Analyzing the downwave….

Posted on Jun 19, 2011 by in Letters

We are now in a 35 day downwave which is 7.87% down from the top.  It has tripped the Variant 2 new high stop, but, as may be seen from the chart the Variant 1 stops are still someway down (about 4%).  Over the past two months we have been urging readers to find some shorts or to look to hedge their positions.  AND those investors who are sitting with the Variant 1 stop in place may be laughing at those of us who traded and who took the Variant 2 new high stop.

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