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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: donald sew who wrote (37335)12/5/2000 2:37:21 PM
From: donald sew  Read Replies (5) of 42787
 
As mentioned previously the 38% FIB level for the 3315-2426 downtrend is at 2764, which has already been exceeded intraday. The question is whether the FIB 38% level should be based on the 4080-2426 downtrend, which would then be 3055. Im more inclined with the 4080-2426 calculation, since my short-term technicals still have more upside before cCLASS 1 SELL territory.

Will be closing some longs from the previous hedge
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