Dow - wave iii of (3) in progress

Dow continues its journey to complete its sub-wave iii of its wave (3). After that there will be a sub-wave iv pullback follows by the last up-wave, the sub-wave v to complete the (3) and that will be the end of the major bear market rebound major wave B that started in March 2009, a 19 months rebound if it were to end in October 2010. If Dow really unfold itself in this manner (pattern), the next major wave C of the mega wave 6 as mentioned in my previous post can be devastating. I am talking about 5,000 for the Dow.

My friend email me this article - Some Mothers Do 'Ave 'Em, a well written article.