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

To: The Freep who wrote (80718)	9/5/2003 9:51:02 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

I like Shack's theory about a wiggle flat having taken place over the past 3 days. It would "fit" well with the sharp (zigzag) correction into 8/26. If that's the case, then we swing up - at least for a one Last Hurrah... unless the darn thing goes up and then proceeds to consolidate and subdivide ad infinitum (as per usual -g/ng). To me it looks like we are due for some more upside. I think what will kill the rally is NOT a break below SPX 1015, but an overlap with some lower levels, like 1010 - 1000 - and, much more importantly, a break of 960 - the bottom of the presumed Wave 4 of the Big C.