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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/5/2001 12:48:17 PM
From: velociraptor_   of 37746
 
I see a very clear rising wedge in the Naz....S&P could have one forming. DOW is a rising parallel channel. There is a possibility that there may be one more pop to the upside.

I have been contemplating this and found it on another board so I am not the only one seeing this. When looking at ABC corrective waves, it is possibly that the length of C could be 1.618 times the length of A. This would give a target of 9841 for the DOW. Worth watching anyway as we are still 20 points shy of that high.
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