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remsen, iowa nw iowa | agree with maxflex on the 5.85 area on the may. and mle about the double top failure. looks like we are still in wave a down, not c down as i posted earlier. wave b up should begin next week sometime, followed by wave c down to the 5.85 target. will take several weeks to complete.that will be a wave 4 bottom. and set the stage for wave 5 up. will seriously look at some calls to reown at that time. still bullish longer term and the magic 8 print on a front month contract(july?) and thats when i will start selling "11" | |
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Chart talk and bears.........
