Long term correction near?

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Posted by Gary on June 20, 2007 at 08:13:44:
In Reply to: 2600 target hit posted by Gary on June 14, 2007 at 18:13:25:

Be careful up here- we are closing in on the 2640-2650 area. Possible multi-month ABC correction of 5 waves up from Aug 04 may be imminent.

: 2600 target hit- will this wave 5 fail? We should find out tomorrow- so far pull back has been minimal. Long term 2640/2650 target awaits.

: : 2550 may be as low as we go here- if so wave 5 up projects to 2600.


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