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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (123462)	8/30/2005 11:24:20 AM
From: morokko65	Read Replies (1) of 209892

I think the NDX decline out of early August is only 50-60% done: stockcharts.com[w,a]waclyyay[pb65!d20,2][vc60][iUb14!Lp14,3,3]&pref=G $NASI is a slower indicator, but I think we could see NDX 1520-1540, and SPX 1175-1183. My more bearish targets are NDX 1480+- & SPX 1135+-, but we will see how near term support behaves. $NASI has been a good indicator for a USPIX-UOPIX straddle (4-6 month swing trades...)

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