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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: AllansAlias who wrote (37974)12/13/2000 10:17:40 AM
From: Peace  Read Replies (1) of 42787
 
You can interpret the waves as ABC down with A and B having 5 waves each. That looks very clear to me. If ABC marks the full corrective pattern then we should see a resumption of the bull market to new highs. Now it is possible that this ABC down is just an A and still needs to be followed by B and C. In that case you should still see a B wave going to say 3900 on the NDX (fib target) followed by a C to new lows before finishing the corrective pattern.
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