Greece GRDOW (proxy) – 18 December 2012

Still on the way down!!! But because it is so low a small difference % wise may well be amongst the better investments available nowadays with 100% up from June low! before it topped! Certainly looking better than France!

Yearly as much data as I have;

Y

 

 

Quarterly as much data as I have;

Q

 

Monthly form 2007 top;

M from 07 top

 

Weekly from 2009 top;

W from 2007 top

 

And daily from the February 2012 top;

D from Feb 2012 top

 

It is extremely difficult to track waves in sideways moving markets because the wave forks start to overlap a lot and you get outlooks like shown on the daily scale so you have a relatively big range with targets only developing as waves complete!

Marc

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