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Strategies & Market Trends : Market Trend Analysis from MomentuMonkey -- Ignore unavailable to you. Want to Upgrade?

To: Stcgg who wrote (77)	7/30/2000 2:01:44 PM
From: Stcgg	Read Replies (2) \| Respond to of 281

BEAR MARKET UPDATE - We have begun the Big Wave 3 down in all 3 indices, ending or nearing the end of the 1st of 5 down waves in the Big Wave 3 down.. Expect a Wave 2 bounce to the following resistance levels prior to the Wave 3 of 3 decline (the longest, steepest, strongest and most relentless of down waves in the Elliott Wave sequence), otherwise known as the Crash Wave.. Wave 2 Resistance.. Dow 10621-10650 Naz 3889-3903 QQQ 92-93 7/8 From the above resistance levels, positioning for a strong fall in the 3rd of 3rd waves down could be extremely lucrative with Shorts and Puts.. >><<