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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	3/19/2007 10:45:47 PM
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Current thoughts and position of the nazdaq stockcharts.com this is what I believe to be the current situation for the nazdaq as we are still in a downtrending situation within a down channel with a count that looks in need of further downside. The bradley calandar date may well arrive on time tomorrow causing the start of the fifth wave That may well conclude near the end of the month Setting up the end of the month buying spree. It should also be noted that the MACD indicator is diverged from the last bottom as was outline in the MACD presentation from the blog on a few posts ago Message 23379123

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