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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: John T. who wrote (57601)	8/1/2000 11:56:09 PM
From: Stcgg	Read Replies (1) of 99985

John - You cannot have a lower 'b' wave to a final 5th wave, as your chart is showing.. Also, 3rd waves are generally at least 2X 1st and 5th waves, and the 3rd of 3rd waves have historically been the longest.. So it would not be unrealistic to expect a 3-4X wave length (to the 1st and 5th waves) on this descent.. That's why I call the 3rd of 3rd wave the "Big Kahuna"! >><<

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