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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: flyeguy99 who wrote (1457)8/24/2000 12:43:27 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 100058
 
Flye - climb up the mast instead.
re: bearish wedge.
On my chart, we still are in the bearish wedge but have broken out the symmetrical triangle on the NDX.
Somewhere 3900ish, but this could be a false exit.

On the weeklies, I have two possible figures:
- symmetrical triangle: 4816 - 2897, = target +1919 above exit point (3900)= 5817.
- bullish flag: mast = 2400-4816, = target +2416 above exit point (3900)= 6316.

Agree?


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