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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (16702)10/16/2001 2:15:22 PM
From: AllansAlias  Read Replies (2) of 209892
 
I still like this scenario given the overlapping up since the 12th. Under this scenario, we are in the 5th wave now. It's a helluva lot easier for you to draw the lines than it is for me to describe it in prose. -g/ng

For this to hang together, there can be no significant giving from here. Right now, 1700 on COMPX would have to hold. At the end of the day, if we go out on the highs of the 5th, it would be around 1740, although it is not uncommon for there to be some overthrow on the 5th, and that would take us a little further.
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