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

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To: timers who wrote (3310)3/18/2001 11:11:14 AM
From: donald sew  Read Replies (1) of 52237
 
Tabler,

>>>> why is the blue neckline in 1968 not drawn on the bottom of the decline but in the present chart it is? <<<<

Not sure what you mean, and it wasnt my chart.

>>>> how long of a rally from this pt do you interpret the 1970 chart to be from this pt if we mirror exactly? <<<<

From that chart the rally lasted 5 weeks and retested those highs in the the 9th week. So if the current situation mimicks that chart, and Im not saying it will or will not, the SPX rallys into the end of APRIL with MAY flat/oscillating with a retest of the APRIL highs at the end of MAY, before the major selling resumes.
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