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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Jerry Olson who wrote (454)5/13/1998 10:46:00 AM
From: Ms. X  Read Replies (1) of 44573
 
There ya go flirtin' again.
:-)

Time frame is difficult. We don't know if the drop will be sudden or if it will take months to correct. It could reverse back up. Last year it did just that. It reversed the normal three boxes and then reversed back up. When it did reverse back down again it did with a bang. The next day we lost 500pts.
The NYSE BP has been above the 70% level since March. The average length of time it stays there is 3.1 months. Take a look at my post
Message 4437141
It has the NYSE BP chart and you can see for yourself.

Janny bo banny
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