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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (51904)	4/28/2004 3:43:01 PM
From: Peach	Read Replies (1) \| Respond to of 57110

I'm leaning toward slitting my wrists...

To: Oral Roberts who wrote (51904)	4/28/2004 4:47:58 PM
From: Jorj X Mckie	Respond to of 57110

1970 appears to be a key level on the 10pt chart. I think it will get taken out. stockcharts.com the 50pt BRL contained most of the bear market, but we had a bullish crossing of that last June. Looking at the 50pt chart, this looks like a bull flag. A move below 1900 would have to give some warning signs. the 20pt chart has the BSL at 1940ish and a spread triple bottom at 1900. stockcharts.com If this is a meaningful top, I would expect more sideways action with 2000 being the mean pivot. Basically saying that I would expect a trading range of between 1900 and 2100 for at least a couple of more months to get the distribution completed. it should have the appearance of a nice rounding top on the conventional charts. I'm liking the idea that we are in a 4 of 5 and therefore should have one more big advance. but....I would see it as a selling opportunity. stockcharts.com[r,a]daclynay[d20020928,20040428][pc10][iub14!la12,26,9!lp14,3,3][J29994468,Y]&listNum=1