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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (125040)	10/14/2005 7:22:37 AM
From: Moominoid	Read Replies (1) of 209892

Seems to come to same conclusion as me. This for example: stockcharts.com[w,a]waclyyay[pb5!b13][vc60][iLb14!Lh14,3]&pref=G suggests oversold temporarily based on the stochs but not on either the BPNDX index itself nor RSI or MACD. Also not oversold yet except according to stochs: stockcharts.com[w,a]waclyyay[pb5!b13][vc60][iLb14!Lh14,3]&pref=G I think this rally (wave 4 of my ED wave C) could last a few days... but that would be it. rpi.edu It could rise higher than drawn here. SPX might ultimately on this round not get much lower after bouncing? The lower line of the big ED needs to converge a little on the top line. stockcharts.com[w,a]daclyyay[pb5!b13][vc60][iLb14!Lh14,3]&pref=G It pretty much reached the maximum point yesterday. Just got my confirmation e-mail from EWI - looks lots of interesting stuff - did a quick scan... but will look this evening. Lots of non-market stuff to do today... David

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