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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (57137)	10/20/2002 6:53:56 PM
From: At_The_Ask	Read Replies (1) of 209892

If we fail here and reenter the down channel we should easily see ndx 700 by yr end. Seasonal factors seem to indicate a bounce into yr end. I'm on the fence in terms of my thinking but unfortunately not my positions. For me this count is still in play although the channel line has been pretty severely violated. dow and spx closed at their respective equivalent lines on friday, not to mention the 50 dma. at_the_ask.tripod.com This rally has little structure other than straight up and then flatness. Based solely on that I'm thinking if we go up, we go up big. This is a more serious chart than what people may think. at_the_ask.tripod.com If the link doesn't work erase everything after .com and click on the gap study link. If you ignore the scale it just looks like a bull flag\2\b with a blast off to follow, the only other explanation is that op-ex held it up. BTW I'm disapointed that I didn't get a single LOL from this thread, I thought it was some funny sh*t.

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