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Strategies & Market Trends : News Links and Chart Links

SPXL 194.72

-4.6%

Nov 20 4:00 PM EST

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To: Les H who wrote (67)	4/28/2001 4:05:43 PM
From: Les H	Read Replies (3) of 29599

I've adjusted the cycles for the potential low to have occurred on March 22 or on April 4. The likeliest outcome is that prices dip here and rally to form a second high by May 7 or by May 21 per the second scenario. Then the next significant decline would occur after that timeframe. Nine Month Cycle per March 22 low cycle tendencies 10-week 20-week 40-week SPX change high low Mar 22 start start start 1117 none Apr 14 green green green 1179 + 62 1184 + 67 1091 - 26 May 7 yellow green green May 31 red yellow green Jun 23 green yellow green Jul 16 yellow red yellow Aug 9 red red yellow Sep 1 green green yellow Sep 24 yellow green yellow Oct 18 red yellow red Nov 10 green yellow red Dec 3 yellow red red Dec 27 red red red Nine Month Cycle per April 4 low cycle tendencies 10-week 20-week 40-week SPX change high low Apr 4 start start start 1103 none Apr 27 green green green 1253 +150 1253 +150 1103 - 0 May 21 yellow green green Jun 13 red yellow green Jul 6 green yellow green Jul 30 yellow red yellow Aug 22 red red yellow Sep 14 green green yellow Oct 8 yellow green yellow Oct 31 red yellow red Nov 23 green yellow red Dec 17 yellow red red Jan 9 red red red

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