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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (124611)	9/29/2005 3:17:26 PM
From: skinowski	Read Replies (1) of 209892

Btw, those "wave 4" triangle theories are also void... after today's breakout. Right now SPX - since the low of 9/22 - is either (still, after all) in a "C" of an ABC correction, or in a full fledged reversal, which eventually will lead to new recovery highs. Remains to be seen. There is also the possibility of this three-waver up sine 9/22 being 2 of 3.... but, as we all know, those 3 of 3 waterfalls are simply something which bears talk about, but they never happen.... -g/ng

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