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Technology Stocks : AWARE
AWRE 2.115+0.2%Nov 21 9:30 AM EST

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To: Peace who wrote (455)7/31/2000 1:46:39 AM
From: Peace  Read Replies (1) of 2404
 
Since it is so quiet around here and I got a peek at the charts I figured I will put in an update on the wave counts.

We began an ABCDE correction from the 4/99 highs. A began at 87 1/8 and completed at 21 5/8 in 10/99. B brought us back to 67 in March while C promptly slammed us down to 24 5/8 in April. D completed on 7/17 at 61 7/16. E has run for 2 weeks and should be completing in another week or so. The target for E would be around 38 3/4 with a max pullback to 32 3/4. We should then be able to begin the next leg up which will eventually take us above the previous high of 87.

These waves have played out very clearly. Earlier I had thought that D may have peaked in June at 55 and that E completed at 42 1/2. But I did express my concern at the shallow pullback of E. In hindsight D extended further and led to current E.
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