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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (20559)	11/10/2001 1:05:24 PM
From: Shack	Read Replies (2) \| Respond to of 209892

Quick peek at the CRB. We are all on alert for a re-inflation of this bubble and this is the first place it will show up. This is a look at the move off the October 2000 high which clearly looks to me like it has done 5 waves down. We have bounced strongly of long-term support at the 180 level. angelfire.com These levels are 17-year lows as seen here: stockcharts.com[w,a]maclyimy[pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh4,3] The larger count is too overlapping for me to guess. I am not calling fo an end to the secular bear in commodities but I would say that judging by the strentgth of the bounce this week, we at the very least are beginning a high degree correction upwards.