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ELLIOTT WAVE  |  November 11, 2003
A Feasible Wave Count For The Dow
I have always believed that the Dow is tracing a B-wave upwards simply because of the time scale, where the trend from January 2000 downtrend ending in October 2002 was wave A of an ABC downtrend with the high in January 2000 being a fifth wave top.
by Koos van der Merwe

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