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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: robert duke who wrote (1347)	11/21/2001 6:38:51 PM
From: Moominoid	Read Replies (1) of 2290

I believe (with many others) that the big NASDAQ crash from March 2000 to 21 Sep is an A wave of an ABC correction. We are now in the B wave which is retracing a substantial part of the crash. This B wave that could last several months to a year could take us up as far as 3000+ on the NAS. The B wave is composed itself of 3 waves, A, B, and C. The first of these A has 5 waves. We are in wave 3 of that A wave. Wave 3 itself has 5 waves. We may just Wednesday completed wave 2. When this huge B wave correction is over, there will then be another huge crash to new lows on all indices. That may be the end of the bear market if we are lucky.... That's the E-Wave prognosis anyway.

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