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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (58790)	11/6/2002 4:55:07 PM
From: Shack	Read Replies (4) of 209892

Just checking in (still on semi-vacation here)and I have to say I continue to be surprised. I have really underestimated the upwards momo here. At least C did not negate its breakdown, actually a very nice wedge retest. If (a big if) we do get a wee more up tomorrow and then dump, the waves actually become very clear to me in tech. We would have done a very clean a-b-c off the lows with a running correction in there (ending on the 29th). Not sure in non-tech. But bull counts have us into a '3' of '3'. Look out above! If tomorrow is a high, then it would be the end of this leg of the corrective up and it may be done altogether but it looks awfully straight to me. A long ugly 'b' down could be at hand. Anyone got some nice turn dates in December? Paul? I would also note that I think Max pain has risen on the QQQ to 24.

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