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Strategies & Market Trends : MP - Market Pulse

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To: HairBall who started this subject	6/26/2001 12:53:22 AM
From: gfs_1999	of 1328

...The Cycles suggest that we should see a short-term high at some point tomorrow. The Cycles actually call for a high near June 25, plus or minus 1 day, and then a decline into Thursday, June 28, plus or minus 1 day. This suggests that even if we see a rally attempt tomorrow, the odds are it will peak at some point tomorrow or Wednesday, and it will be followed by a decline into June 28, plus or minus 1 day. The next short-term high from there is due near July 10, plus or minus 1 day. We believe that the Dow is near some sort of bottom, even if we sell off to new lows below 10476 tomorrow. A rise above 10645 on a print basis tomorrow will signal that some stronger rally is coming, at least short term.... From Jerry Favors Analysis

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