Monday, April 11, 2011

4/11 9:53

It looks like the stock market just completed a 5 up in DJI, SPX.  Retracement back down to 1230...
Silver and gold may have finished wave iii of their final 5-waves last night.  Silver rallied to $42, for a wave iii of $5.50, or 15%+.  Now that's a 3rd wave.  Gold was much more modest.
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2 comments:

  1. AnonymousApril 11, 2011 at 7:35 AM

    Hi Steve,

    So this scenario "Waiting on the last of wave (iv) to finish up. I1 peak 4/18-4/19, so wave (v) should begin by the close tomorrow." not looking right now? Thanks, Constance!

    ReplyDelete
  2. AnonymousApril 11, 2011 at 7:41 AM

    still keeping SSO ? Thanks!

    ReplyDelete

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