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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (335)	12/28/2001 8:05:08 AM
From: At_The_Ask	Read Replies (1) \| Respond to of 2852

Could happen. Ya never can tell till the fat lady sings. The NDX has broken out of its down channel from THE highs. It has been falling along just outside of the channel since the last blowoff rally. The line is pretty subjective so it could be drawn wider. It is key to my c of 4 scenario(troll count). If it gets too far out of the channel I will have to go back to the drawing board. Bob Prechter was on CNBS the other day. I can't belive I missed it. From what I hear he had counted five waves down from the highs. So his count is different from mine. If we have completed 5 down then that would put us in a corrective or a wave x which would favor your count. We should get a nice ramp job through year end anyway. It will be fun to see how it turns out. Everyone is expecting the "January effect" rally. From what I have heard Jan. usually calls the tune for the year. In 00 we sold off at first then rallied then closed lower. We all know what happened after that. Anyway the money is made in the smaller timeframes. No matter what I will go with the flow. Happy Trading and Happy New Year.