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To: KyrosL who wrote (37420)7/31/1999 12:24:00 AM
From: marginmike  Respond to of 152472
 
Thats just the internet sector for that chart?



To: KyrosL who wrote (37420)7/31/1999 3:48:00 AM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
KyrosL, surely the whole point of it is that TA 'knows' that it is going to go down. Which seems silly to me because everyone who does TA 'knows' it will go down so will have already sold it, so the TA people don't have any more to sell, short or otherwise, therefore it could just as well go UP!

BUT, if it is the real McCoy, the proof of TA should happen in a LOT less time than a year. The right shoulder is supposed to be the trigger 'event'. So it should be down the big chunk within a month. Or even a week, looking at the scales of the graph.

Should be fun to watch.

Mqurice

PS: This feels like pretending to be a church member discussing theology with the priesthood.



To: KyrosL who wrote (37420)7/31/1999 8:24:00 AM
From: Jack Bridges  Read Replies (2) | Respond to of 152472
 
A neckline was completed from the Dec.-May lows. The first objective has been met and the pullback to the neckline has been fulfilled. The index could meet Maurice's Aug. 21 target without any more ado.

Yes, there is the larger SHS with an incomplete neckline. Such combinations are not unusual.

Jack Bridges