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Greetings Chris:
This count is in fact my preferred count since two years ago and it has
started to play out already. B of IV has already been resolved IMHO and now
the up rise is the C of IV. I am giving the +140.0- levels in a rather
conservative manner. My fib cluster level is at +146-. Longed at 127.20
and still trailing and intend to add on more positions. Regards.
P/S Absolutely agree with your notion about Japan. The Nikkei is gonna go
down to the toilet!
Merry Christmas and prosperous 2002
Have a good one
Jeff Harteam
Hong Kong
-----Original Message-----
From: chrischeatham [mailto:chrischeatham@xxxxxxxxx]
Sent: Friday, December 21, 2001 11:53 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] FW: Re: USDJPY - Quarterly
Hi Jeffrey,
FWIW, I am calling your IV A of IV...partly due to BPJY and EUJY
which seem much more bullish than USJY. Nikkei still has a lot of
pain to go per my work.
Best wishes for the holidays,
Chris
--- In realtraders@xxxx, "Jeffrey Harteam" <jharteam@xxxx> wrote:
>
>
> -----Original Message-----
> From: Jeffrey Harteam [mailto:jharteam@x...]
> Sent: Sunday, December 09, 2001 8:49 PM
> To: Paul "Spring Roll" Lau; Sammy Hsieh
> Subject: Re: USDJPY - Quarterly
>
>
> Greetings All:
>
> Here is my updated wave counts of the spot USDJPY chart in the
quarterly
> timeframe. Looking at the long-term chart, at this point in time,
we are
> either in the process of resolving the wave II (Yellow) of the
Cycle Degree
> or alternatively, we are trying to play out a wave C (Yellow) (not
shown) of
> the Cycle Degree. From a trading perspective, the decisive break of
> 06/29/2001 high of 126.80 will trigger the continuation of the up
rise of
> the USDJPY to the +140.00- levels. Suffice to point out that
whichever
> counts we are favoring at this moment; the Spot USDJPY still has
adequate
> rooms to push for higher territories. Regards
>
> Have a good one
> Jeff Harteam
> Hong Kong
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