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To: Paul Shread who wrote (38438)5/8/2002 2:14:12 PM
From: AllansAlias  Respond to of 209892
 
Sort of obious near-term roadmap for NDX:
angelfire.com

Looks like we are in either 'iv of 3' preceding a last push in 'v of 3', or we are already starting the '4' show in the map.

The alternate sceanrio is very ugly, as mentioned on the chart, but it remains an alternate for me.

A reminder that the lines shown into the future are not meant to show targets in price or time. If they are drawn dteeply, it's because space is limited, not because I think the move will be steep.

(this is another wide image)



To: Paul Shread who wrote (38438)5/8/2002 2:22:35 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
Paul, maybe so. But I bet it won't last for long

I don't know much about EK, but with GE the bond and debt issues are still weighing heavily on investors minds, as well as "managed earnings," "opaque reporting," and all the other accounting issues we've been mindful of lately.

Until those issues are satisfied in the minds of investors,and IMO it will be a while, any reiteration will only give it a short term (few days) boost.


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