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Pastimes : All Clowns Must Be Destroyed
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To: Lucretius who wrote (28599)4/24/2000 1:18:00 PM
From: pater tenebrarum  Read Replies (2) of 42523
 
well, that's what i'm saying. the highs i'm referring to are in that range, 11,300-11,400. a wave 2 retracement must not exceed 100% of wave 1, if it does the wave 3 down wave count would be invalidated.

if it is invalidated, i'd expect to see 13K on the Dow in a relatively short time, perhaps 2 months. of course if the count is correct, a minimum target of 8,200 would come into play. luckily there's this intensely bullish poster (his wave count differs completely from all the other's i've seen and seems to take the possibility of a 500 p/e on the NAZ into stride):

Message 13485201

so we may remain hopeful for now...:)
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