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To: AllansAlias who wrote (851)4/25/2001 12:10:34 PM
From: Shaw  Respond to of 209892
 
The P/C action may favour your updated scenario intuitively, im (low on the learning curve) ho.

Thanks for reposting this chart every once in awhile. Amazing how it all fits into the picture I am getting in my mind on the current trading.

Mucho appreciation.



To: AllansAlias who wrote (851)4/25/2001 12:13:48 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Yeah, I'm not going short but I am out my long. for less than a bud.

Possible scenario with the cycle turn:

If this is still the a (and I think it is), then this "delay" makes the May 2 turn look more like a low. I know you were concerned about how far off that date was but after this next dump, the b likely lasts a couple of days before the c starts Friday or Monday running into Wednesday the 2nd.

Congrats on identifying the alternate sceanrio.


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