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To: marginmike who wrote (15475)10/3/2001 3:34:50 PM
From: velociraptor_  Read Replies (2) | Respond to of 209892
 
DOW 10,000 is gone. We won't see it again. If we do, I'll be bullish as ever, because that means the index will see new highs soon. Theoretically, 9650 is about as high as it's gonna get....if it gets there.



To: marginmike who wrote (15475)10/3/2001 3:47:14 PM
From: AllansAlias  Respond to of 209892
 
I hear ya. That's my main worry. Still, I'm gonna leave it in place. If the S&P can only rally 2-3% on a day when tech is going nuts, then it's probably a decent short entry.

DOW 10K? In a shot! LOL



To: marginmike who wrote (15475)10/3/2001 9:06:35 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I don't think 10K is as crazy as it sounds. Elliot-wise, if we are in a '4' of higher degree, we could go all the way back there and not violate any wave rules.

It wouldn't come on this ramp though, it would be on the next one after a significant pullback.


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