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To: AllansAlias who wrote (87443)	3/29/2001 11:26:36 AM
From: Perspective	Read Replies (1) \| Respond to of 436258

Measured move would go to about 1280, no? That would really mess up my count. First it has to break the Feb downtrend line. I was noticing the similarities between yesterday and 3/9 for Naz. Breadth unanimity, pattern failure (of course that one was nice because you had a one day advance notice), and gap down continuation on 3/10. Remember how I've been harping on the fact that breadth unanimity without capitulation is a continuation signal? Well, so far everything is acting stronger than 3/10. We filled the gap quickly and even made progress back into the prior day (more as I type). COMPX did not confirm the NDX new low. Still feels like corrective "up" activity, although clearly it's more of a flat pause than up for the Dung. Stepping back from things onto the dailies, NDX and COMPX present a similar picture - five waves down since the Feb. high, and a very flat corrective wave unfolding. We would just have completed the first leg of wave three which started at the end of January. And this is all inside what is presumably a bigger three off the September 2000 peak. And here's the fun part for the bears: that would mean wave 3 of 3 of 3 is lurking as soon as we wrap up this corrective wave... BC