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Strategies & Market Trends : Classic TA Workplace

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To: onlytron who wrote (135903)	8/19/2006 8:10:38 AM
From: Moominoid	Read Replies (1) of 209892

I was wrong about the ED thing - it wasn't very convincing anyway. On the Dow the 5 wave advance from July 17 is very clear cut. The same on the NAS indices but the final 5 of 5 is still truncated. On SPX there is an overlap between 1 and 4 from July 17.... Based on all the other indices I'm inclined to ignore it. This guy's charts are pretty clear - ignore all the stuff about tops and freefalls: stockcharts.com 15 minute chart shows the 5 waves of wave 5. The 60 minute chart shows the 5 waves of the move from July 17.

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