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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (619)	2/5/2002 7:51:09 AM
From: robert b furman	Read Replies (1) \| Respond to of 207417

Good Morning GZ, Looks to me like Enronitis about to take down the BKX.X : siliconinvestor.com If that happens the Sox.x is precariously perched: We may have a failed rally that needs to get cleared up first - by then the recovery's numbers will be in. Those numbers will probably be much clearer with less creativity - the smoke and mirror Bullsh*t from past flyers needs to get purged first. I've got a bad feeling that Mr. Market needs to throw up before he starts feeling better.

To: GROUND ZERO™ who wrote (619)	2/5/2002 7:59:11 AM
From: Moominoid	Read Replies (1) \| Respond to of 207417

Using the Edwardss and Magee terminology we have a wedge and an inverted head and shoulders bottom - though the RHS shoulder is a little below the head. Apparently the volume is falling off. From the e-wave persepctive I think the whole thing is a wave 5 which if true would imply that the traditional interpretation (i.e. a move to 2050 at least will happen). In the northern summer of 2001 everyone was looking at a wedge (I was just starting to learn about e-wave). All thsoe e-wavers on CFZ were also talking about the wedge and it failed. e-wave could have told you that it wouldn't work as a wedge because it was in the wrong position. A lot of the e-wave people out there don't seem to really understand much about it and reading all their stuff is why I thought also the method was useless. Still to prove how useful it really is though..... David