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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Galirayo who wrote (8994)9/20/2000 12:26:22 AM
From: N/E PATSFAN  Read Replies (1) of 9262
 
[Hahns Update]

Incase you missed this:

home.att.net

>> The Nasdaq Comp chart is shown below. Sept. 1 was a wave cycle high. The downtrend is following the predicted decline angle. The uptrending support line was violated Monday, but regained today. Although yesterday was a low of some kind, it will likely be violated on another wave down, since we don't have a time target for a major low at this time. We should expect a wave down for several more weeks, with occasional bear market bounces. The May 24 to July 15 wave projects a time cluster on Oct. 6. The other wave from Aug. 3 to Sept. 1 projects to Oct. 20. Until proven otherwise, expect a cluster of lows in October! <<

Your case for the ascending triangle is apparent in this chart although the top line is more descending than flat. Not trying to debate you as you know I'm a bull and fully invested ... just presenting another perspective on that blue line or was it "Green Onions" for consideration.

NEPF
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