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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (64666)7/8/2003 5:38:51 PM
From: Real Man  Respond to of 94695
 
The minimal requirement for NDX rally in wave (5) is complete. 1730 is the fibonacci 61.8 retracement number. Non-confirmation of DOW and SP so far point to the possibility of a large decline starting this week. Aggressive play is to short NDX on a decline to 1225, or below 1180. The chase the rally play should be executed with care, and a stop at 1260.