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Strategies & Market Trends : Why the markets will continue higher...

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To: bearshark who wrote (308)1/3/1998 7:35:00 AM
From: GROUND ZERO™  Read Replies (1) of 745
 
bearshark,

On the inverted H&S, if the neckline is around 8200 and the head is around 6900, the projected moved is 1300 points. If we add 1300 to 8200 we get 9500. I was off 100 points.

Are you saying that what looks like an inverted H&S to me is really a widening triangle, or wedge, with new lows expected?

GZ
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