Gold, Oil & Indices (Equity & Bond Indices)

Blimey George, you lost me on oil. How can the 2008 high be a wave 2 when that was an all time high. It has to be a 5 so you might say that was 1 of larger degree, perish the thought. On daily I think we might see 88.85 next. (current 91.16)

a little chart study on Cisco and Apple.

cisco 1997(low) 2000(bubble bust) 2000(average) 1999-2000(before last charge)
6.6 141 68 53
x21.36 x10 x8.03

apple 08-09(low) 2012(now)
78 700
x8.9
2005
38 x18.42

i have considered 2000 is the first time internet bubble bust, things was very ugly. so i guess the second time maybe a little bit prettier.

Qingyu, do you follow Alex Daley for technology developments ?
http://www.caseyresearch.com/articles/alex-daley-greatest-growth-sector-world?ppref=MAU440EM0912A

Good moaning George, yes $70/brell is opec viable #, I like that idea. You give me this wonderful vision of the old stereotype frenchman sat on his bicycle, fag hanging from mouth, black berry on head, onions dangling. Those were the days, eh? Now what about impending german dominance en france. Shall we see the french resistance once again with Monsieur Rene a la cafe'
http://www.youtube.com/watch?v=Mta87MOLhu0&feature=fvwrel

you must go further to catch all hte essence of this move up from the june low, ie, from the 4th of october 2011 on 2 hours chart or five minutes chart and when you see a 5impulsives for the first wave then you wonder what is this move pattern.