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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (125131)	10/18/2005 12:24:48 AM
From: The Freep	Read Replies (2) of 209892

Yeah, I'd agree that the odds now favor the MMM ED/wedge/whatever that was... and that it should be going higher IFF it can break that long playing downtrend. If it does happen to tank and hold on earnings tomorrow, that wouldn't be bullish, imo. IBM looks good, too. Those are two of the dow heavyweights. I have to say it's a strange time here, where I have no clear, clean counts on the indices at all. Hate that. I would imagine that means that we're just in some oddball corrective, and that the prior trend (up) is still dominant. But it's sure not clear to me! the freep

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