Friday, September 10, 2010

Learn from the history

There is similarity between 2003 market buttom and 2009 market buttom. It is possible to learn from history. Market broke down in March 2004. this pattern is repeated with 2 months delay in 2009 mai. Begining 2004 markets followed a consolidation phase until october 2004. Considering this delay I would expect the market to break upward betwen october and december of 2010.

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