When a fifth wave is extended, we should be on the alert for a sharp correction once that wave completes its run.
FORBES: Elliott Waves Show Wipeout Dead Ahead For British Pound
The full social impact of the recession will kick in after the summer, when a first wave of jobless run out of unemployment pay and start receiving less generous welfare handouts.
Iis to our benefit to try and figure out where the extended fifth wave will likely end its run.
FORBES: Elliott Waves Show Wipeout Dead Ahead For British Pound
Though poorer Cubans poured into Miami on rafts in the early 1990s, Cuban Miami is still run by the first wave of exiles.
While Wall Street and Washington fret about how badly investment banks could damage the economy, Tuesday provided a fresh reminder that commercial banks could be a bigger problem as the second wave of the credit crisis begins its run.
This Heat wave has even topped Michael Jordan's run with the Bulls in 1996, when Chicago finished with a 72-10 record.
That has created a headwind for stocks of big home builders, following a five-year run during which shareholders rode the wave of the white-hot housing market to new riches.
The traits that cause your friends to hoist you on their shoulders and run around a field chanting your name while you wave your hands in the air, making funny faces, can become your undoing in the markets.
In two weeks' time, after the first wave of earnings roll out, the bull market is going to run into a wall.
We all ran like hell to the center of the island and later took shelter in the cliffs as we kept hearing that we would be getting another, bigger wave, which, fortunately didn't ever come but we did run for the cliffs several times.
At first we expected to run this program on a short term basis, to assist the initial wave of homeowners who needed immediate assistance.
This dry run has proved so encouraging that Army officials say they expect the first wave of smartphone-equipped soldiers could be shipped overseas later this year.
Factor in some freshmen Democratic senators elected from swing states in Obama's 2008 wave (the last time this batch of seats was contested), and Republicans could run competitive challenges in 10 or more Democrat-held seats.
WSJ: Larry Sabato and Kyle Kondik: The Early Line on the 2014 Midterms
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