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To: NOW who wrote (51591)8/28/2002 4:04:33 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Well, we don't yet know it will build a triangle, but it's a good candidate on the daily. The coil belongs with the preceding up move, not the larger down move. It is not coiling off the lows, it would be coiling off this recent high.