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To: Shack who wrote (7036)7/13/2001 9:48:32 AM
From: JRI  Respond to of 209892
 
LG made a nice connection.....If you extend down-sloping trend line from recent highs, and upsloping line from lows (beginning April 4th....however was recently broke), you get an intersection around 2120-2125 by July 19th (a turn date)....that 2120-2125 area also cooincides with a 78.6% retrace of recent down...hmmm...maybe this is just one hairy retrace of that broken wedge we were in......just one for us to keep in back pocket..



To: Shack who wrote (7036)7/13/2001 9:52:14 AM
From: john722  Respond to of 209892
 
Shack. I Would Say it is

about 50-50 and the Charts are in such a beautiful position
to go in any direction. The media will start touting a .50%
surprise cut, but the global doom and threat of war could
neutralize that. My take is Da Boyz want to get that C up
to sell some stock and calls and then then can take her back
down for the Summer slump. We'll soon see........



To: Shack who wrote (7036)7/13/2001 12:36:06 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
I agree: this is the preferred count by most.
It has merit only in its ability to fleece the majority for the benefit of the minority which cannot be taken lightly <g.