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To: Return to Sender who wrote (3293)10/19/2002 10:01:18 PM
From: Les H  Read Replies (1) | Respond to of 29596
 
Woodson Wave

elliott-wave-analysis.com

also:

Dear Friend of Dynamic Traders:

The S&P and Nasdaq should both complete a short term top by mid-day on Monday if it was not complete on Friday. Following a short corrective decline lasting 2-4 days into the key retracement zones, the corrective rally off the Oct. 10 low should continue to well above last week's high.

Bonds are at or near a short term low.
The precious metals and XAU MAY be at a short term low.
The dollar index should continue to rally.
Beans, wheat and sugar are near key time and price resistance.

>>>The first sizeable pullback in the August rally took
>>>about 50% of the time of the initial rally. By Monday,
>>>this initial rally would be about 8 days old. A 3-5 day
>>>pullback into the time from Thursday to the following
>>>Monday would fit with correcting 38% to 62% of the time
>>>and in keeping with the end of month tendencies. A
>>>similar pullback to August's would bring the SPX down to
>>>815 to 840.