Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who started this subject	10/24/2002 1:03:18 PM
From: Henry J Costanzo	Read Replies (2) of 52237

Abandoning my ill-fated attempts to read the "wiggles", and getting back to daily charts (with which I have always been more comfortable) I see nothing yet in the technical indicators I follow which would point to a turn in the rally which began Oct.10. IMHO, and FWIW, believe we're headed for the August highs - around 9000 Dow, 950 SPX, and 1425 COMPX - generally meeting resistance at DT lines from earlier this year ( Jan and March) and from 200-day SMAs.......which would imply FIB retracements of of the decline from Jan/Mar into October of about ,62 in DOW, .50 SPX, and ,38 COMPX..........

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