Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 60.74

+4.6%

Jan 16 4:00 PM EST

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To: da_cheif™ who wrote (2532)	5/10/2002 12:35:35 AM
From: j42231	Read Replies (2) of 207847

I agree that Sep low ended the bear. In the Dow--that clearly looks like THE low. However the Nasdaq looks quite different --there are several ways to count the e-waves. (as usual--gg) charts-r.quote.com:443/1021003923372?User=j42231&Pswd=XmsVvPezxLS0.&DataType=GIF&Symbol=INDEX:$INDU&Interval=W&Permission=504138&Ht=400&Wd=600&Display=2&Study=MACD&Param1=12&Param2=26&Param3=9&FontSize=10 charts-r.quote.com:443/1021003923372?User=j42231&Pswd=XmsVvPezxLS0.&DataType=GIF&Symbol=INDEX:COMPX&Interval=W&Permission=504138&Ht=400&Wd=600&Display=2&Study=MACD&Param1=12&Param2=26&Param3=9&FontSize=10 In the Naz--I prefer to count the Spring low as the orthodox low and the Sep low as a B wave low. There are positive divergences in several indicators that seem to support that. How do you count the Nasdaq? TIA : ) Joanne

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