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To: illyia who wrote (62717)1/4/2003 12:09:17 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
Mathias is not very certain about his long-term forecast… but what honest person could be, really… Short term he is bullish for as long as the forthcoming pullback doesn’t break 8400 – should turn up from higher than 8450.

Very short term, he sees the index in the late stages – wave 5 – of an impulse of the last few days. This makes sense. Yesterday’s action was ‘flat-like’ on INDU and SPX, and a triangle on NDX (which broke upwards on the close). A (buyable?) pullback is probably not far off.

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