Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 61.76

+16.0%

Feb 6 4:00 PM EST

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To: gem-x who wrote (222)	1/22/2002 4:02:02 PM
From: gem-x	Read Replies (1) of 208300

Length of NASDAQ moves w/ Fibonacci: 34, 55, 89 days.. Wave A down: 5133 to 3042: 55 days Wave B up: 3042 to 4252: 34 days Move down from 4252 to 2251: 55 days Move down from 2893 to 1619: 55 days "Rally" from 1619 to 2328: 34 days Move down from 2328 to 1387: 89 days Notice, the maximum number of days in each fake bounce rally lasted 34 days... Move up from 1387 to 2066: 55 days Expanded flat from 2066, 1918, 2099 to 1859(?) So far: 31 days and counting... If the NASDAQ can hold 1851/1859 in the next 3-5 days, good chance that this is an expanded flat correction... DISCLAIMER: GemX does not warrant the completeness or accuracy of the information contained on these pages/e-mails, but provides it for whatever value our members and guests may find in it. Subject 51336 gem-x's incredibly accurate Elliott Wave forecasts

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