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Strategies & Market Trends : Classic TA Workplace

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To: Mike M who wrote (3371)5/24/2001 9:07:17 AM
From: AllansAlias  Read Replies (2) of 209892
 
I don't think one can count tech as having done 5 waves up since last week -- period. To me, it's just a 5-3-5 sequence we see so far (maybe that's all we'll see). If it sticks, this would argue that it is a 'b' top and we are headed down now for a 'c' to complete the B, then it is off to new highs in a C.

I don't think we have seen decent impulsive moves since the top on Apr 20. It's feels like it has been weeks of jello.
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