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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (11783)	7/16/2001 3:16:52 PM
From: Arik T.G.	Read Replies (2) \| Respond to of 52237

Donald, If the trend is still down, EW count is now 3 of 3, which usually is a long and consistent drive and sometimes the crash phase, but rarely a small move. Therefore I expect last week's low to pose no big resistance against the trend, if it is still down. BTW, for the first time in a while there is a clear intraday impulse (EW "with the trend", the famous 5 wave move) pattern developing from yesterday's high on the Naz, today on the S&P, and it's down. ATG