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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: uu who wrote (1406)8/22/2002 10:49:41 AM
From: Chip McVickar  Read Replies (1) of 1854
 
Addi,..... Why?!

The weekly Nasdaq chart has a Lindhal Buy Wiggle in place off the low of 7/24.... It'sa perfect beauty. A weekly Andrew's pitchfork has a median line at 1750-1800.

The daily forward pitchfork is active and in a parabolic rise with 1500 and 1620 as a target. The 0.618 fib off March high sits at 1658.27... this also closes a gap at 1544.19

The DOW weekly chart comes with a 3 bar Buy Wiggle variation off 7/24 low.... it's pitchfork is looking at 9750 with a fib 0.618 at 9473.45 off 3/18

The SPX weekly chart comes with a 3 bar Buy Wiggle variation off 7/24 low and has a forward median line at 1000±, witha fib 0.618 at 1023.68

Bunch of other internal work ups that are bullish...
Astro's strong....
Forward time projections are coming due...

>>What is the compelling catalyst that will push DOW and Nasdaq so much in such a short time?

I have no idea, maybe Paul O'Neil said something...! <smile>
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