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Strategies & Market Trends : Classic TA Workplace
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From: Henry J Costanzo12/1/2006 2:40:30 PM
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SPX....Would normally be expected that this 3 down we're in here should exceed the length of the preceding 1 down. That is NOT a necessary requirement, but IF it holds true here, it would lead to something below 1382 on this leg..(which, btw, could indicate that the 1377 C decline I talked about earlier might have to push considerably lower..)
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