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Referring to my post on 5th December 2010 my projection for Dow was 12,000 to 12,200 level by first week of January. At this moment, second week of January, Dow managed to reach only 11,750, the undertone is weaker than what I have expected. The duration of wave 5 at this moment is about the same as that of wave 1. Dow's movement in the next few days is crucial.
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