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Strategies & Market Trends : The Player's Club

SPY 689.58

-0.3%

Jan 7 4:00 PM EST

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To: BG Smith who wrote (3260)	12/26/1999 3:59:00 PM
From: GROUND ZERO™	Read Replies (1) of 11513

Thank you ... the same to you and yours... The buy wiggle should occur at the bottom of a pull back... there are no time or price projections in the wiggle pattern... for that you would need to rely on other charting formations..... the SP's formed a wiggle pattern over the past two weeks, but it took a little time before it caught on fire.... the usual wiggle pattern is a three day wiggle and the only thing that would nullify the pattern is if new lows were made in the move..... when a wiggle pattern is formed, there is about an 85% reliability that the pattern will be valid..... I'll be more than happy to answer any of your questions regarding pattern recognition at any time..... My Best... GZ

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