Trade the Cycles

Wednesday, September 13, 2006

.......The Elliot Waves, Which Of Course Are Cycles

In the major correction from 5-11-06 until 6-13-06 one can see in HUI's chart, http://finance.yahoo.com/q/ta?s=%5EHUI&t=6m&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=, that it did an Elliot Wave ABC down up down pattern. Waves A and C also did ABC patterns that aren't obvious on the charts, because, Wave B up of Waves A and C was an anemic 1 dayish affair in the prior major correction, so, the current Wave B up of Wave A down, if it's still Wave A down, is likely to peak tomorrow. ....... http://www.JoeFRocks.com/