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To: Stockdoctor who wrote (2640)8/11/2002 7:06:07 PM
From: mansan  Read Replies (1) | Respond to of 10157
 
Stockdoctor,

He said there is no completed 5 wave movement down from the March highs of this year. The low is lower than July 24. But he said that the Dow has a potential short-term high near 8912, plus or minus 92 points intraday. The Dow may have near high on August 14, plus or minus 1 day.

The other wave counter are saying that the that the Nasdag downward movement is imminent. So we may to different market here. The S&P and Dow may have a little bit to go but the Nasdag the battle ground is between 1290 and 1320. The possible current count now for Nasdag is wave 2 of bigger 5. So Nasdag wave 3 down of wave 5 should be here anytime. For the S&P and Dow it is finishing up wave c of wave 4. So once c is completed then 4 should be completed, then wave 5 down. This is unless the subwave of wave 4 have another complex wave to come.