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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: Moominoid who wrote (733)11/19/2002 2:58:10 PM
From: Henry J Costanzo  Read Replies (1) of 2852
 
You're probably pressing me beyond my limited EW capabilities, but anyway, here goes ...(hope I'm not wasting your time)....

For the dow:
10/10......7197
10/14......7914....wave 1= 717 pts.
10/14......7812....wave 2= 102
10/21.......8547...wave 3=735
10/29.......8198...wave 4=399
11/04......8730,,,,wave 5=WAVE I=532
The NAS COMPX follows a similar pattern.......Note: no overlaps, and wave 3 is the longest...so at least in this view everything looks OK...if there are problems, presumably they would be within the structure of one of the 5 waves...

BTW, I still have trouble understanding at all how a significant advance after October 21 can - in any way - be considered a CORRECTION to the Oct 10-21 advance...........seems contrary to common sense.

FYI, not sure I should be doing this......no problem if you feel I should cease and desist!!! <vbg>
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