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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (35770)	12/30/1998 8:27:00 AM
From: Arik T.G.	Read Replies (2) of 94695

OK Carl, now seriously- I see David also had trouble with that 2 (Reply #35713) and forced it somewhat (starting the 1 on 10/9 instaed of 10/8 low) It's because the corrections were so small! One 2 correction beyond refute is the 10/12 to 10/13-14 23 points correction to the 10/8 - 10/12 87 points move. But could that three days move be the whole minute/minuette 1? If yes, I can make the minute/minuette 3 from 10/14 to 11/27, the 4 to 12/14 and the 5 from SPX 1137 on 12/14 to present 1 - 12/14 pm to 12/21 am 73 SPX points 2 - 12/21 am to 12/22 am 16 SPX points 3 - 12/22 am to 12/28 am 38 SPX points 4 - 12/28 am to 12/29 am 11 SPX points 5 - 12/29 am to present (already 21 points) What does the theory say about using daily closing prices vs. daily high/low ? If we use closing prices then the only 20% correction since 10/8 is the 11/27-12/14 correction (51 points reaction to 233 points action). That makes it the only candidate for Minor 1 and 2 just like David named it (post #35640), and puts us now at the end of Minute 1 of Minor 3. ATG

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