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

To: Paul Shread who wrote (41060)	1/17/2001 2:12:43 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 42787

From CNBC: Margin debt - Dec,2000 - $199B Nov,2000 - $219B Mar,2000 - $279B

To: Paul Shread who wrote (41060)	1/17/2001 5:54:58 PM
From: ken-l	Respond to of 42787

paul, thanx for the reply !!! it is true that the current lower trend line of the wedge can be considered the 1-1 gann slope !!! until it's being tested and rebound, it's hard to ignore that it's being there !!! volume increases only yesterday and today <which is admittedly counted most - broke out from the down trend>; up till last week, it was rather weak !!!! however, internally, compx looks to be very healthy though !!! if i happen to be counting correctly, we are approaching the peak of the short term 3rd wave <if not already seen it today>, and anticipating the 4th wave down !!!! with the spinning top closing today ... what ya think ??? what bothers me is how far below the upcoming consolidation will take us !!!! if it sells off is stronger, and along break the lower trend line of the flag, i suspect that it may catch quite a few bulls by surprise !!!! but first, lets see how it reacts when it's testing the lower down trend line that was shattered today !!!! my 2 cents !!! regards, auto