This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Tuesday, 14 May 2013
Dax
Looks like a pullback to top blue trendline is in order.We should be aware of this count though,from Andrea Calissano http://www.safehaven.com/article/29810/dax-update-long-term-count
That is some of the most convoluted wave counting that I have ever seen. Nothing like a Wave 4 coming back in under a Wave 1.
ReplyDeletethe numbers are not a wave count,he is just counting the waves.Pls use a handle when you post otherwise you may be mistaken for a troll
ReplyDeletehe is counting it as a triple zig zag
ReplyDelete