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

To: Paul Shread who wrote (19219)	9/18/2001 5:52:49 PM
From: Arik T.G.	Respond to of 52237

>>We have a very long trading range in the Dow, but I'm not sure how to characterize it at this point Okam's razor says Bobby Beara got it right. LT distribution top. All other explanations will have to consider the market returning to bubble state which IMO is quite impossible in our lifetimes (or until we be older then Greespan was in '97). ATG

To: Paul Shread who wrote (19219)	9/18/2001 6:33:19 PM
From: velociraptor_	Read Replies (2) \| Respond to of 52237

My thoughts on the long DOW top are that there is a wave 1 decline from the peak followed by a complex wave 2 that lasted for a while. We are now inthe wave 3 down which started at the 11,350 top. Within wave 3, we have cmpleted wave 1, wave 2, and are now in wave 3 of 3 which began at 10,440. Wave 3 of 3 of 3 began at 10,080 and is still in progress. Details are at my site in DOW commentary. raptorgroupresearch.com