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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: John T. who wrote (25723)7/20/2000 2:30:10 PM
From: Robert Graham  Read Replies (2) of 42787
 
Thank you. Based on what we have been talking about, the three waves down is more apparent on the 7-min chart which I think is operative in the market. The 15-min chart begins to show the larger waves you have been talking about which also shows up more clearly on the 45-min chart. Verrry interesting! :-)

Now did wave "A" begin at 11:45 or 15:30 yesterday? Also, on a double bottom, does the next wave as a rule begin at the move up fromt he first leg or second leg of a double bottom?

Bob Graham

PS: A turning point was put in on the 1-min chart with price moving down further. Looks like one more attempt at a move up may be coming up, from the perspective of the 7-min chart.
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