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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (30610)	2/8/2002 2:02:06 AM
From: Moominoid	Read Replies (1) of 209892

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. I like that Stern wave LOL... I think it will have the German interpretation for bulls and the English interpretation for shorts :) Please remember that the three is 3 of C! But we seem agreed that Friday is crucial for choosing between these scenarios from an e-wave perspective. The throwover on the bull chart is massive and certainly would seem a negative for that view and that is why I thought we already bottomed a day or two back. Globex is up ever so slightly at the moment. Take a look at the Asian markets today: Australia All Ordinaries ^AORD 12:06am 3393.90 +35.10 +1.05% China Shanghai Composite ^SSEC 2:00am 1506.615 -8.779 -0.58% Hong Kong Hang Seng ^HSI Feb 7 10471.98 +62.30 +0.60% India BSE 30 ^BSESN 2:08am 3483.30 +46.36 +1.35% Indonesia Jakarta Composite ^JKSE 2:07am 432.124 -1.046 -0.24% Japan Nikkei 225 ^N225 1:00am 9686.06 +102.79 +1.07% Malaysia KLSE Composite ^KLSE 2:08am 709.44 +1.76 +0.25% New Zealand NZSE 40 ^NZ40 Feb 7 2094.81 -7.90 -0.38% Pakistan Karachi 100 ^KSE 2:06am 1782.18 +59.02 +3.43% Philippines PSE Composite ^PSI Feb 7 1344.35 +4.41 +0.33% Singapore Straits Times ^STI 2:08am 1728.50 +11.39 +0.66% South Korea Seoul Composite ^KS11 1:41am 739.66 +11.95 +1.64% Sri Lanka All Share ^CSE 1:33am 568.34 +1.49 +0.26% Thailand SET ^SETI 12:31am 353.56 +6.79 +1.96%

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