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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (40672)	2/18/2000 5:50:00 PM
From: donald sew	Read Replies (1) \| Respond to of 99985

Previously we had discussed the 3PEAKs and DOME formation, and if you check the daily charts I feel that it is coming true and quite clear on the DOW. My understanding is that the minimum pullback in the 3 PEAKs and DOME would be the OCT LOWS which is around 10,000, but keep in mind thats the minimum pullback. I have an important multi-year trendline around 9,500. That doesnt mean that it will happen all at once, if it gets that low. Firstly, there should be some sort of a rally by MAR, and for the short-term we could see a pause/bounce towards the end of this month. I also believe that the NAZ formed a 3-PEAKS and DOME formation and that it may be at the DOME now. If I am correct, then it should be down from here.