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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (47169)7/24/2002 6:47:54 AM
From: Clappy  Read Replies (2) of 209892
 
So you are thinking this 4 might be the tradable bottom that you have been waiting for?

I think you will answer this with a "No, not quite" unless it's been an IT turn you've been holding out for.

Perhaps this is where you will begin to implement some larger amount than just a wiggle wager.
(But not even close to the amount you will bet you think the bottom truly is in.)

Let me know if I'm following you.
Sometimes I read too fast when not following a picture.

At what point will you be convinced it is not a 4 up but rather the 1st wave after a completed ABC correction?
(Something tells me you will be out of this trade before you actually find out for sure...)

Anyhow, thanks for the heads up.

I was wondering if the count for the $USD could provide clues to whether or not the Dow will be a putative 4 up or 1 up. The market may not go very far without the dollar leading it...
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