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To: JRI who wrote (19526)11/6/2001 10:34:30 AM
From: AllansAlias  Respond to of 209892
 
So you are going with the odds based on other days and ignoring the charts for now? (This is not a criticism you understand.)

I would say we make bold run before the Fed (bolder than most are looking for), or we grind up into the close after the Fed.



To: JRI who wrote (19526)11/6/2001 10:38:56 AM
From: martin001  Respond to of 209892
 
Weve been in a upward channel past fews days

pages.sbcglobal.net

I initiated some at the top of the channel yesterday
and will do again if it gets that high -



To: JRI who wrote (19526)11/6/2001 10:39:33 AM
From: Shack  Read Replies (3) | Respond to of 209892
 
From what I see on the NDX, the move down from late yesterday look like 3 waves and we are putting in what looks like 3 waves up here and the weakness you are referring to would be the last part of that correction, the 5 waves down 'c'. Interesting because presumably that woul dbreak the wedge line. I am shorting any revisit to the highs shortly.

The thing is, after all that it infers another leg up to new highs.

Edit-alternate says we go to new highs right here in 5 waves.