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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (272)5/15/2002 12:48:22 AM
From: 4rthofjuly007  Read Replies (1) of 30712
 
Jeff, I know that there are many difference between our market compared to the Japanese market but I find the move up that started in mid 1995 and lasted until early 1996 in Japan to be an example of how a prior double top could be exceeded while the overall market has yet to put in a final low.

finance.yahoo.com^N225&d=c&k=c1&a=v&p=s&t=my&l=on&z=m&q=l

I do see a possibility that we may have put in an IT low and assume that you consider it a possibility as well. I think that if the 1946 or even the Jan. highs were to be surpassed it could create enough bullishness and complacency for a set-up for a final move down that lasts for all of 2003 and finally sets a bottom.

Great board and thanks for sharing your work.
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