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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeff who started this subject1/23/2003 8:12:03 PM
From: ajtj99  Read Replies (4) of 30712
 
Super duper secret indicator is registering the highest reading since mid-June 2002. That indicator has given us new lows for the move in 4-8 weeks over the last 2-years, with 4-6 weeks usually the sweet spot. It hit last week, so it appears to be pointing to the turn in late Feb/early March.

This means we should take out the 1319 low during the 4-6 week window. Most of us are on the lookout for that possibility anyway, but this is a reading that's proceeded all the major lows over the last 2-years.

This is the 8th reading of this magnitude during the past 2-years. Others were in end of Jan. 2001, Beg of July 2001, beg. of Jan. 2002, mid-Feb. 2002, early and late May 2002, and the mid-June reading in 2002.
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