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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (746)	4/25/2001 9:21:41 AM
From: JRI	Read Replies (2) of 209892

BC- Are you looking at the April 4th up trendline (I've got it around 2060 today), and Monday's gap (2110?) as targets for the "b" to end? (I know you also had a 2080 target in there too)... (note: I know we are not certain yet that the "b" has begun, but, collectively, I think we are all expecting the 1980-2000 to be defended, and the "b" to start today) On the "b", a move to either 2060 or 2110 will not ruin any of the many developing H&S formation (correct?), just make the right shoulder a bit a higher than the left... I would think that....when measured out....that those H&S formations (if/when complete) will coincide very nicely with a "c" down....but I am getting ahead of myself... (Please correct any wrong stuff...gg...tia)

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