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Strategies & Market Trends : Visit Mr. Elliott. -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (7)4/13/2001 11:29:16 AM
From: skinowski  Respond to of 656
 
There is no Crystal ball that will predict the markets. The Elliott wave structures at this time seem to offer a high probability ‘make or break’ indicator for the rally. The important level remains the 10300 for the DOW. For as long as it is not (decisively) broken, it will remain as a bearish divergence and a sign of non – conformation for the NAZ rally.

So far, the major indexes rallied in a ‘zigzag’ - like 3 wave pattern, which is typical for a countertrend, corrective move.

I don’t want to give up on the New England ski season before it gives up on itself… Great weekend, everyone..

AK