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Typically, when a five wave move ends, a move back to the fourth wave level should be expected.
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Now comes the fourth wave, as computing costs ratchet down yet again.
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The fourth wave finished around 3000 in the index.
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However, when we notice that a new five-wave pattern on the way up has surpassed the fourth wave on the way down, we recognize it as a powerful signal that the trend is changing.
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This correction is the fourth wave.
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Elliott Wave Principle suggests that when a five wave move finishes, we should expect a recovery back to the prior fourth wave level.
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There exists a small chance that the downmove from the 1422 high has only posted three waves down, and we are in the midst of a complex fourth wave.
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The heat wave resulted in the fourth-warmest July on record for the United States.
CNN: Heat wave: Oklahoma, Texas endure warmest months on record
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Despite chintzier budgets, the new barbarians can reap a fortune on this fourth wave.
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The fourth Wednesday of July 2005 was the fifteenth day of a searing heat wave in the Northeast.
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Looking ahead to the fourth quarter, Samsung appears poised to bring more smartphones to market, with a new Wave 2 awaiting launch and more mass-market devices for emerging markets.
ENGADGET: IDC: Apple passes RIM to become fourth largest mobile phone vendor globally as Nokia, LG, and Sony Ericsson struggle