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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (30597)	2/8/2002 1:51:40 AM
From: At_The_Ask	Read Replies (1) of 209892

Good charts also. There are a couple of running flats in there though. The first is from 1-15 through 1-18. The other one completed yesterday before the big melt. The running flat possibility has us in a three down. They are really strange looking and extended. IMO they have been skewed by the incredible selling pressure we have seen the last few weeks. My ED is the 5 of 1 of three down. The larger waves are merely an abc correction. Your 123 of the ED doesn't have a wedge shape, to me that kind of kills it, also the lower trend line has broken too severely. A high above 1460 NDX kills the three down and places us in a two up, or the "Stern Wave"......Primary three or C up.

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