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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (6318)	7/6/2001 9:45:53 AM
From: JRI	Read Replies (1) of 209892

Freepster- Upon review, I think I am placing that upper-trend line (off recent lows) a bit too low.....it is likely closer to 2060 yesterday, and 2065-2070 today... So, we have broken it cleanly here (which is pretty big, I reckon), but I still expect attempts next week to get back to it/into the "triangle"....so, meaning, bounces up to 2070-2100...but not above.. If we clear 2100 next week, then I'll reassess...this morning current at 2043....I'm looking for a bounce around 2015 now....but could happen anytime...like said, I don't think we'll exceed 2100 next week...but may hit it...

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