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To: John Madarasz who wrote (46469)7/21/2002 9:20:33 AM
From: skinowski  Respond to of 209892
 
Yeah, we are in a Bear market… -g.

“The dynamic descent of the past days can be interpreted only as a component of the main drive shaft 3. In the next week in the middle 800-er range the main drive shaft iii will probably go from 3 to end.” – from the SPX analysis.

Mat Onischka has been prolific this weekend. He did a ‘work-up’ of the NDX, R2000, SPX, the DOW, bonds, the Euro/$. Here is the translated list:

translate.google.com

(NDX: Short term upper R is 971. A break of support at 950-45 may open a down potential to 850).

Part I (of future three) post about the DOW cycles is interesting – but a little above my head. He seems to project a long-term bottom somewhere between the middle and the end of 2003… opening a move towards an important high sometime in 2010.

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