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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (6717)	11/2/2001 8:58:29 AM
From: Moominoid	Read Replies (1) \| Respond to of 8150

News Corp was down today <g> Look at the weekly count - that is more like what I'm looking at and is Prechter/Hochberg's alternate count.

To: Chip McVickar who wrote (6717)	11/2/2001 12:53:11 PM
From: j42231	Respond to of 8150

Chip, I agree the count is valid--but prefer the ABC corrective count--which is likely complete. Weekly chart has positive MACD divergence. My daily work has been on a buy in the Naz since the beginning of Oct--pullbacks seem to be just dutifully filling the gaps.<g> One more weekly bar under the last high will give the first weekly buy set up since January. Then--a breakout over 1800 would trigger it. Joanne charts-d.quote.com:443/968982955280?User=demo&Pswd=demo&DataType=GIF&Symbol=CME:COMPX&Interval=W&Ht=400&Wd=800&Display=2&Study=MACD&Param1=5&Param2=35&Param3=5&FontSize=10&BgColor=0.255.0&TBgColor=0.255.0

To: Chip McVickar who wrote (6717)	11/2/2001 1:44:09 PM
From: Moominoid	Read Replies (1) \| Respond to of 8150

These charts pretty much are the clearest evidence that the short-term bears that abound in non-clownish zones are wrong: siliconinvestor.com stockcharts.com Da_Cheif could be rigth that the bear market is over. I doubt that as much on fundamental as on technical grounds, but at the very least a significant bear market rally appears to be underway. We aren't even yet into the midpoint of wave A of the ABC up correction, which could take us to say 3200 on the NAS Composite (50% retrace). That could be as mucha s year from the September bottom. I see a 9 month cycle low at the end of the B of B wave, maybe. Well, that's my road map. David