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To: Paul Shread who wrote (18072)10/25/2001 2:13:01 PM
From: AllansAlias  Respond to of 209892
 
Another intraday turning point. Among other things, we have NDX stalling at yesterday's high and we have the Down trying to decide if it's doing impulsive up or a correction -- that's one of those Elliott inflection points I have mentioned so often. Look at the Dow off today's lows. It has built an even a-b-c (a=c) and now would need to take off to make it the odds bet that it is in fact 1-2-3(-4 5). Still long with a Bud-profit stop, hoping for the squeeze...