Dow - Wave (viii) halfway through

Whether the news is good or bad, Dow will zig-zag its way downwards to complete its wave (viii) within 2 weeks.

After completing its wave (viii), Dow will have another up-leg, wave (ix), that is likely to end in the 4th quarter of 2013. If mega wave 1 has only 5 major waves, be prepared for a major correction, the mega wave 2. Dow may drop 30% to 10655 level or 60% to 6547 level, the 2009's bottom.

If mega wave 1 has 9 major waves, Dow will continue with its bull run that started in March 2009. Dow may hit 20,000 by the time it complete its major wave (9) in 2015.

In the Boleh Land

When burglary is in your house, my house, his house or her house.

IGP, "Rising crime is just a perception".

But when burglary is in Y.B.'s house, it is no more a perception. 

Click 'Tony Pua' for story.

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