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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (61492)1/25/2001 11:06:09 AM
From: Perspective  Read Replies (1) of 436258
 
So, are you still following along on yer Nikkei script? Is that contributing to your return to the dark side? If your wave count matches that of the Nikkei, then we would see a month of down, followed by three more months of sideways/up, to a marginal new high for the move.

I dismissed a replay of the Nikkei script due to the fact that I'm fairly certain the recession will be obvious to even the imbeciles on CNBS by that far into the future, but maybe that is foolish. Maybe the Fed reacts just like the Japanese Fed, and that reflects optimism over another batch of rate cuts.

Are you thinking in those terms, or just going off gut feel and the failure of the support line for this move?

BC
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