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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: peter n matzke who wrote (29645)	8/6/1999 1:22:00 AM
From: Bull RidaH	Read Replies (2) \| Respond to of 44573

Peter, After further review, it looks like this bounce could run on up to as high as 1345 SPU9 before the next wave of selling begins. 1345 equates with the wave 1 of 3 low on 7/29 @ 11:30am. This bounce looks like wave 4 of 3, so it should meet its end if it tries to pierce the 1345 area, as overlap is only allowed over Scott's belt buckle! <g> It should follow a zigzag format, as wave 2 of 3 was an expanded flat. It looks like we may be in 3 of C at the close?? Are you on the same page? BRH