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Friday, December 23, 2011


Update 3:15PM: Best guess stab at the squiggles.
Update 1PM: I think we can safely say that the Industrials has indeed performed at least a double zigzag Minor 2 pattern. As a long term bear, my cautiousness over the past 6-7 weeks as outlined on this blog has been justified. 

We are getting closer though to completing the minimum wave pattern and having all subwave squiggles in place.   
Update 10:15AM: Prices may have run too high to form a series of one's and two up. Rather this could be wave iii of (c) directly.

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