Friday, June 29, 2012

The Stock Market of Greece - Long term Elliott Wave count

The stock market of Greece is declining in a large Cycle wave “C”. Since the peak in 2000 we are down approx. 94%. The decline in primary wave “3” marked in blue of Cycle wave “C” is most likely complete. 

A rally in primary wave “4” of Cycle wave "C" is in the early stages and should last multi months.

The above is an except from our Elliott Wave Technician Investment Newsletter published 13th of June 2012. Subscribe at

Geir Solem
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