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Strategies & Market Trends : Ask DrBob
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To: indexit who wrote (40260)7/17/2001 12:01:05 AM
From: bcrafty   of 100058
 
indexit, Ed Downs sees a long formation in the making

From tonight's signalwatch.com: "We are in the middle of ranges on the NASDAQ and OEX which take the form of downward-sloping patterns in the Daily Charts. This type of pattern is most often broken on the upper boundary, leading to a strong upside move."
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