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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (60858)	12/4/2002 7:30:37 PM
From: Shack	Read Replies (2) \| Respond to of 209892

Well he is obviously tracking the entire rally has a '2' of C. I have the same possibility. As for whether the big 3 down has begun, sure why not. But IMO, I don't see it on the SPX. I also don't think much of that trendline break, that trend was way too steep to maintain. And while we could tank, we could just mark time before another high without ever going back above. I also think we are going to have to do better than a momentary probe at the key SPX 950 level (now that we've been there). I would expect some bumping and grinding up there. I think we are just refreshing before another run. By my estimation, sentiment is split on whether we get another high. What are you thinking right here?