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Here's another alternate interpretation of the bonds. The low of 120.15 of the
last two days MUST hold for any possibility of the continuation of the 'impulsive'
move up. But price actions of the last two days made me feel uncomfortable to
call it the start of an impulsive move. There MIGHT be a possibility that we are
STILL in the process of completing wave c before up. Regards.
Have a good one
Jeff Harteam
Hong Kong
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