John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (153)	2/25/2000 8:40:00 PM
From: Chip McVickar	Read Replies (1) of 33421

John, There is one more weekly fork that maybe of interest? Origin: 7/17/98 spread: 9/1/98 Low and 1/14/00 High This median line is sitting on 9750ñ with a cross on the recent downward daily forks lower tine for 3/3/00ñ a few days. Now what's interesting is that the forward Time Projection for this fork was for the 4th week of February 2000. To me this suggests that we are close to an interim bottom and next week by the middle of the week the markets should rebound. Atleast they have one more chance. <<smile>> One more factor...the eclipse last month carried some powerfully negative alignments and that has now played out. I believe next week will bring a reversal for an extended period? But that is just a supposition. Thank You for your Great Charts Chip

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