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Monday, February 15, 2010

[www.wavetimes.com - Elliot Wave tips] NEOWAVE: Multi-Month Decline on Horizon

 





 

NEoWave Institute's Glenn Neely, the architect of the NEoWave method of stock market forecasting, believes the S&P 500 is forming an important top and is preparing for a multi-month decline.

"Due to the substantial advance following March 2009's low, many investors and analysts believe the worst of the economic downturn has ended. However, based on NEoWave theory, the opposite appears to be underway," says Glenn Neely. "The relentless, almost illogical advance of the past 10 months is coming to an end. This pending top will be followed by a significant 3- to 6-month decline, retracing 60 to 90% of the 2009 rally." 

Click to read the full release:

 

http://www.prweb.com/releases/2010/01/prweb3492414.htm

Patrice Rhoades-Baum

NEoWave Marketing and Public Relations




 
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Hemang Shah 
 
"Always Be Happy and make Others Happy"
 
 
 
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