“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Friday 3 May 2013

3 May 2013

From this mornings update, it was realised yesterday that the patterns last several days have been corrective and since today was a turn date it was believed that an acceleration to the upside would happen.  This would fall inline with a minor 3rd wave up that I was expecting.  Since the top this morning the price has gone side to down, but this just reassures us that there will be more upside prices to come next week.  Do we get a final push?  The dates to watch for reactions are on May 6 and 9 of next week.

Mid-Term: UP (confirmed)
Short-Term: DOWN

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