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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (2401)	10/28/2000 10:41:55 AM
From: CharlieChina	Read Replies (2) of 8925

at present ... For all you Wave counters ... If what we are experiencing in the NASDAQ over the past 12 trading days is an Irregular ABC Correction Phase, which, it seems to be, then hence, there exists a high probability the market breaks out of its current Friday triangle pattern and heads downward towards 3000-2800 sometime next week ... hence, more negative pressure .... Just an observation, ... and opinion ... and directions can always change ...

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