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To: John Madarasz who wrote (5971)6/28/2001 2:36:26 PM
From: The Freep  Read Replies (3) | Respond to of 209892
 
Oh, but John, guesses are great fun. In fact, I guess that Microsoft will warn after the close!!!!! <g>

Wave stuff: this is jello fer sure. But looking at a chart since the rise on the 26th, did the Naz trace out 5 waves up, ending at the peak today? And then this is a corrective wave 2, and then we have a whole 3 ahead of us??? That'd be some rally. Is there another obvious interpretation I'm missing?

the freep



To: John Madarasz who wrote (5971)6/28/2001 3:50:55 PM
From: JRI  Respond to of 209892
 
Watch the close is right....basically gave up on this puppy (figured we'd close around 2130 for some more launch tomorrow)....pretty significant roll-over there...didn't think it'd go this deep...

wow...



To: John Madarasz who wrote (5971)6/28/2001 4:03:56 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
Lot of folks looking for a 2-3 week COMPX rally now.....and 200-300 pts. of upside (at a minimum)....hmmm

Hope we get that....let's be as irrational as possible here...drive sentiment indices to records.....going into the historic (worst) 3 months of year for stocks...

A couple weeks ago, I posted a back-touch/test of the Sept. down-trend line would be a perfect set-up for such an irrational rally....we got that at 1975 or so...too bad I wasn't smart enough to take my own advice, and buy this pig..