Dow - Option 1 & 2 - Timeframe

For the two possible options that were mentioned in yesterday posting, for 'Option 2' formation, Dow will not go below 12,000 in the current pullback. Ultimately Dow is likely to retest the Oct 2007's 14,000 level before end of 2012. No worry of a market collapse before end of 2012 under this scenario.


For 'Option 1' scenario, if the last mini wave has failed to form, it is possible that wave 2 has been completed, Dow will move all the way down from here. It can happen that the last mini-wave is missing due to the downward momentum of the market.


However, if Dow is 'well behaved', the current pullback can be mini-wave (iv) as shown below. it will be followed by the mini-wave (v) to mark the end of wave 2 within the next 10 to 12 days. The wave 3 of major wave C can be very damaging.




Mentri Besar, Adnan Yaacob has suggested to store Lynas' radioactive waste in Sg. Lembing, a catchment for water supply to Kuantan, Oh my God!!!

Western Australian Government is going to tax Lynas A$18 million a year for sending rare earth ore out of Australia.

The Malaysian Government is going to give Lynas 12 years of tax-free period for bring in the rare earth ore to Malaysia to process and to generate radioactive toxic waste and to pollute the environment in Malaysia. Radioactive waste dump, radioactive waterway, radioactive air, radioactive rain, radioactive palm oil and ............


Click 'MB eyeing Sg. Lembing' for more.


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