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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (57457)4/3/2002 7:52:14 PM
From: Moominoid  Read Replies (2) of 94695
 
What I labelled as abc would be "a" if this wave 2 since 6 Dec is a triangle. Then I is b and II is c. The wave E that gem-x is talking about is labelled G on the chart I posted. It is just the last wave in wave II or c. If we are in a triangle then we expect a d wave up, hit the downtrend line (intact since 22 May 2001) and then wave e down to hit the uptrend line (since 21 Sep 2001). Then the rally really gets underway.

Just as I was ready to trade NASDAQ warrants here using my forecasting model I discover that no-one has issued any warrants for June or September 2002 or any future date! So now I'll have to redo my model for the SP500 index.... Just downloading data now. Should be ready soon I hope.

David
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