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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: dennis michael patterson who wrote (28926)9/1/2000 3:29:28 PM
From: Peace  Read Replies (1) of 42787
 
Hi DMP,

I have to head out for the long weekend so I will be brief. Bigger picture I posted on this thread several weeks ago about the large triangle on the NDX. The triangle has perfect fib relationship 62.1% pullback from 3/24 to 5/24, 62.8% to 7/17, 59% to 8/3 & 59% to the final decline into 8/9. That triangle was broken to the upside and the NDX is now 200 points above it. Forget the July highs eventually we will take out the March highs. Shorter term I take my cues from the market internals and S/R lines. Throw in the economic picture etc. Have a great weekend.

Peace
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