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Strategies & Market Trends : The New Bull Market.

RMBS 96.40

+5.4%

Dec 19 9:30 AM EST

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To: GROUND ZERO™ who wrote (1177)	8/14/2002 9:35:38 AM
From: Chip McVickar	Read Replies (2) of 1750

Since the high in May the SPX and INDU show a long upper trendline and a short steep rising lower trendline presenting a simple wedge or triangle.... "M" or double top has a rising second shoulder which to me is bullish. On the 9th-12th-13th the market closed lower gaps and followed through with the Greenspan sell. This morning we have'a gap up.... A daily TP is due Fri for the SPX and Monday for INDU I expect this formation to be resolved to the upside

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