Waves, Patterns & Projections (2004)

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pkvidean - Wed, 21 Dec 05 :

Yes, that's the fifth wave Up in play for FTSE in the sequence 5131:5236:5157:5486:5392:5555:5423:5574:5489:5590 for an aggregate total of 08.95% for the alleged Bolt-On. Today is Day 4 of the current wave Up from 5489 to today's 5590 for just 01.84% so it ought to go a tad higher......perhaps even to my target of c5632 which would be c02.61%.........but DOW's earlier 10901 starting to look like a break day Up so further short-term weakness from America would seem to be the continuation favourite......how that affects resolute FTSE is anyone's guess.

Wish I'd been around today to have had a short piece of that 2632p for RIO.......Miners starting to get a bit overly frisky again, perhaps !


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