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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (36395)	11/26/2000 9:10:53 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 42787

Don, what is the test of "validity" for bullish wedges? It sure looks like one to me. In fact, i think there is a strong argument for a wedge within a wedge. Interestingly, the futures are slightly above fair value. ME heating up again

To: donald sew who wrote (36395)	11/26/2000 9:14:35 PM
From: PMG	Read Replies (1) \| Respond to of 42787

<<<If it is a valid formation, the measurement is approximately 800 NDX points from the point of the upside break. Its a BIG BULLISH WEDGE if it is VALID. >>> so it MUST be invalid. It's absolutly impossible to generate enough fundamental excuses to back such a move up. What happens if it's invalid? Regards PMG

To: donald sew who wrote (36395)	11/26/2000 9:24:48 PM
From: IndexTrader	Respond to of 42787

Hi Don, As always, I appreciate your commentary. It looks like, at least, we have a bullish wedge from that early October low, though there could be one more move down. If we move up, past those two downtrend lines, perhaps 3700 is in store. geocities.com Could possibly forming one of Carl's infamous ending diagonals.