Discussion in 'Technical Analysis' started by Wallace, Nov 23, 2003.
Hello All, please view attached chart. Wallace.
<a href="www.elliottfractals.com">Elliott Wave Fractals</a> insists that we are already in the bear market, there will be a run-up monday (and maybe a little more the rest of next week) and then down from there.
<a href="http://www.elliottfractals.com/free_airline.jpg">Long term prediction</a>
both charts looking good, as for fractal chart, does that mean another air disaster waiting in the wing?
10000 by eoy. imho.
The call for a nice bull run-up on monday was right on target, this up move should continue for the rest of the trading weak and then, yes, we should be in the bear market full force soon
not until jan next year, big boy want to show a good year result and they have profit to support it, just look at fund result in any daily newspaper > +25 most of them.
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