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Monthly Archives: October 2012
wednesday update
SHORT TERM: US markets open, DOW -11 Yesterday the FED issued the following press release: http://www.federalreserve.gov/newsevents/press/bcreg/20121030a.htm. Overnight the Asian markets gained 0.8%. European markets opened lower and lost 0.8%. US index futures were higher overnight, and the market opened higher … Continue reading
tuesday update
SHORT TERM: US markets remain closed, DOW (YM) +68 Overnight the Asian markets lost 0.9%. European markets opened higher and closed +1.1%. US index futures declined further overnight, but rebounded into the early morning close: SPX (ES) +8.5 and NDX … Continue reading
monday update
SHORT TERM: US markets closed, DOW (YM) -60 Overnight the Asian markets gained 0.4%. European markets opened lower and lost 0.2%. US index futures traded lower overnight, and closed early due to Hurricane Sandy. At 8:30 Personal income was reported … Continue reading
weekend update
REVIEW The market continued to correct this week, as it has for most of October. After starting the week at SPX 1433, it quickly dropped to 1408 by early tuesday morning. Then for the rest of the week the market … Continue reading
friday update
SHORT TERM: new downtrend low, DOW +4 Overnight the Asian markets lost 1.1%. Europe opened lower, but gained 0.4%. US index futures were lower, and at 8:30 Q3 GDP came in higher than expected: +2.0% vs +1.3%. The market opened … Continue reading
the ELLIOTT WAVE lives on 
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