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To: E. Graphs who wrote (1128)4/20/2000 2:35:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 4564
 
And look at the Dow.....it could be working on a diamond reversal.

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I get a rough downside target of ~8800.



To: E. Graphs who wrote (1128)4/20/2000 9:10:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
E! Gee, you're right... I wasn't looking for that when I set up the 20 year chart... How should we interpret that? -- There must have been an "abnormal" deviation to the upside to generate Bollinger Bands that would "stretch" all the way down to 2000! But, wouldn't a fall to the lower band be just as extreme a deviation from "normal"?
If so, we should be able to get some closure on the bands by simply trading within a "reasonable" range for a few months....
This deserves more study....thanks for pointing that out!
tso