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	<title>Comments on: More On The Banking and Real Estate Crash</title>
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		<title>By: Allan Lee</title>
		<link>http://www.highprobabilitytradingstrategies.com/blog/more-on-the-banking-and-real-estate-crash/comment-page-1/#comment-395</link>
		<dc:creator>Allan Lee</dc:creator>
		<pubDate>Sun, 03 Jan 2010 17:19:44 +0000</pubDate>
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		<description>Hi Bob,

First I would like to thank you for taking the time to put together some of finest training materials around.  All the other gurus have good things to offer: George C. Lane, Bill Williams, Preachter, etc, but none of them has presented their materials in a comprehensive, complete, alpha omega integrated approach as you are.  Thank you.

Now based on what I have learned from your materials (and I give all the credits to your teachings), I see a very dark picture in the North america real estate market (US and Canada) for years to come.  Here is why:

All these speculative run up in real estate prices started around the 50&#039;s with wave 1 peaked around the early 70&#039;s, wave 3 peaked around the late 80&#039;s and wave 5 peaked around 2007.  Now according to your materials, after wave 5 has peaked (using external price retracement of wave 4 and alternate price projections of wave 1 and wave 1 to 3, etc, etc) and when the low of wave 4 of 5 (lower time frame) is taken out, then we can expect a correction greater in time and price than all other previous corrections, meaning the corrections we saw in the mid 70&#039;s and early 90&#039;s are peanuts compare to this coming correction.  Also from a time perspective, according to your materials, we should see a correction in time no less than 38.2% of the entire bull run (the years 1950 - 2007, which equals to 57 years) in 57 year * 38.2% = 22 years to come !  I told my family and friend about this and they ostracize me and call me a raving lunatic !</description>
		<content:encoded><![CDATA[<p>Hi Bob,</p>
<p>First I would like to thank you for taking the time to put together some of finest training materials around.  All the other gurus have good things to offer: George C. Lane, Bill Williams, Preachter, etc, but none of them has presented their materials in a comprehensive, complete, alpha omega integrated approach as you are.  Thank you.</p>
<p>Now based on what I have learned from your materials (and I give all the credits to your teachings), I see a very dark picture in the North america real estate market (US and Canada) for years to come.  Here is why:</p>
<p>All these speculative run up in real estate prices started around the 50&#8242;s with wave 1 peaked around the early 70&#8242;s, wave 3 peaked around the late 80&#8242;s and wave 5 peaked around 2007.  Now according to your materials, after wave 5 has peaked (using external price retracement of wave 4 and alternate price projections of wave 1 and wave 1 to 3, etc, etc) and when the low of wave 4 of 5 (lower time frame) is taken out, then we can expect a correction greater in time and price than all other previous corrections, meaning the corrections we saw in the mid 70&#8242;s and early 90&#8242;s are peanuts compare to this coming correction.  Also from a time perspective, according to your materials, we should see a correction in time no less than 38.2% of the entire bull run (the years 1950 &#8211; 2007, which equals to 57 years) in 57 year * 38.2% = 22 years to come !  I told my family and friend about this and they ostracize me and call me a raving lunatic !</p>
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