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To: AllansAlias who wrote (12712)9/10/2001 10:13:43 AM
From: Doppler  Read Replies (1) | Respond to of 209892
 
OK. I see now, thanks. So, here's another one for you. The Naz is clearly impulsive down since it's high around 5200. Wave 1 bottomed just over 3000. Wave 2 topped 42/4300. Three was the longest (probably extended) and bottomed in the 1600s. 4 topped out around 2300 and now we are in 5. Since 5 should equal 1, I get a Naz low around 1400 +/- (assuming true equality and not a .618 retracement which I haven't calculated although it might be close to where we are now by eyeballing).. The only problem I have is that 5 has now exceeded 1 in terms of time unless 4 had an orthodox top.



To: AllansAlias who wrote (12712)9/10/2001 10:21:56 AM
From: JRI  Respond to of 209892
 
This thing still looks sick to me (for day)...illiquidity vortex sucking the life out of any rally attempts...