Steve,

    I know you talked about this in your newsletter, but just to make sure I understand...when the breadth is not as bad as on the previous low, that helps to further confirm that we're in some type of 5th wave down?

    That would support that view

    Posted by steve on 25th of May 2010 at 12:35 pm

    That would support that view at this time. However, even if true, that does not mean the 5th wave is complete. 

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