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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jorj X Mckie who wrote (1389)	4/27/2000 4:52:00 PM
From: Chip McVickar	Read Replies (1) of 33421

Tom, I just asked that same question! He Answered: reply #1376 I think each wiggle has to be considered on a case by case basis... I think this one looks solid because the tails are pronounced... they look like tadpoles or sperm cells... they indicate incredible market confusion and indecision..... My Question: reply #1374 The Nasdaq extended wiggle is one complicated critter...<<smile>> Day 1 is the lower low 4/17 Day 2 takes 4 days to complete Day 3 taking 3 days...so far, but could extend until Friday Just a close above 3711.57 will do it - tues 25th high Do you perceive them as weaker or the follow through muted the longer they take to form? Chip

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