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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Henry J Costanzo who wrote (36777)	11/30/2000 12:15:55 PM
From: donald sew	Read Replies (2) of 42787

Mchjc, >>>> . From 2540, a 38% retracement of the entire decline from the March high would take us back to about 3530, with resistance from the recent Jul low and Oct high kicking in at 3520-3540. <<<< The issue is whether to use the Highs of MARCH around 5100 or the Highs of AUG/SEPT around 4200-4300 on the NAZ. Im more inclined with the calculating the FIB rebound from the 4200-4300 levels, mainly because of the time that has elapsed, and that a cycle off of the MAR highs have already been completed inclusive of a FIB REBOUND. seeya

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