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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (28533)	1/17/2002 1:42:45 AM
From: velociraptor_	Read Replies (1) of 209892

Yup, likely true. After doing a little chart analysis, I see 5 waves down on the S&P and the DOW. They are both now in a running wave 2 correction with tomorrow's rally the C wave. I can see now why every one is expecting it and it should happen. The thing that will get them though is many may think it's a short term bottom, but the c wave should only last about a day or so. Just when people start getiing long again...wham!! Friday ought to be the start of wave 3 down, and the way I see it, it should be 3 of 1. I'll have a full update at my site in a few hours or you can check Thursday morning. raptorgroupresearch.com

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