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 www.elliottwavetechnician.com
Geir Solem
http://www.elliottwavetechnician.blogspot.com/
Copyright (C) 2012 all rights reserved
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 www.elliottwavetechnician.com
Geir Solem
http://www.elliottwavetechnician.blogspot.com/
Copyright (C) 2012 all rights reserved
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