The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (22246)	10/22/1998 12:08:00 AM
From: Cube	Read Replies (2) of 79230

Doug, Last time we talked about SPYG, I said it looked like a good elliott wave 4 trade to a wave 5 top with only a couple of points downside risk. Now that it has jumped up so nicely, I thought I would let you know that if you are still long this one, it looks like wave 5 will not exceed the high set on 8/25 at 15 3/8. Even if it double tops as a wave 5 instead of breaking to a new high, it was still a damn good trade. Cube

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