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Strategies & Market Trends : John Pitera's Market Laboratory
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To: GROUND ZERO™ who wrote (273)3/2/2000 12:53:00 PM
From: Chip McVickar  Read Replies (2) of 33421
 
GZ,

>>I'd say 1375 (.382) should offer some resistance,
then 1390 (.5),
then 1405 (.618)... of those three points,
but, 1387 is where we may see the first level where the bulls will run into some serious selling...!<<

I'd say you've been right.....

BTW, Just bought my first book that contains the Lindahl Wiggle as a 5 day pattern. He call it "The Lindahl Buy Rule" also has 'Three-Bar Closes Rule'...!

First book out of hundreds I've pooked through that finaly describes the wiggle.
"Timing the Stock Market"
Colin Alexander
McGraw/Hill
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