Friday, December 14, 2012

$GOOG Stock Chart


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12-14 Chop Chop
12-13 What set up nice as a back to scene of crime retest of recent highs yesterday with the issue pulling back away from that tag of resistance turned into a true E wave of a higher high compliments of this mornings Maps news on the iphone. Folks, the E wave is an ending wave for one thing and another thing is that of gaps. With gaps you have no control over them with regards to news driven events. That works for you and against you.
12-9 Per the index action section of the newsletter don't rule out a back to the scene of the crime retest of the red line highs. It's just a matter of big red running out of flavor.

12-12 One could say we've retested the highs here -- in that zone at least.


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