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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Gary Burton who wrote (64351)	12/15/2000 6:39:46 PM
From: Stcgg	Read Replies (3) of 99985

Here's an alternate on the big wave count on Naz.. The whole move down from the March high at 5132 to November low at 2523 could be an ABC correction to the 5Wave advance in the secular bull market.. Today we put in a double bottom which is a mirror image of the double top last March and we are sitting at an economic simili to the Oct98 bottom prior to the Fed easing rates.. This whole ABC correction down could be a big Wave 4 prior to the 5th Wave top yet to come.. stockcharts.com[W,A]DECAYIMY[DD][PB50!B200!A2595!F][VC60][IUB14!LF!LC20] >><<

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