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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (15687)	5/17/2004 5:26:54 PM
From: Chip McVickar	Respond to of 207026

Well, that's a Great Question...! This monthly Dow Chart is extremely important to my position trading ***Today....! It shows the retrace couldn't hold the Gann 75 of 10621.025... It shows the red median line repelled price... down It shows the median line of the light blue fork also repelled price... down... after holding for 4 months. It shows the Internal Trend Line has held... Shows the Black median line is in control... 9864.57 is a Gann 25 off the recent pivot high... This suggests to break this area of median lines and internal trend lines and Gann 25... will require me to sell my position trades added since the lows in 2003... ORE... I'm gonna add on.....! stockcharts.com[w,a]maoannay[d19960517,20040517][pf][J30832943,Y]&pref=G Now here's where TIME as in.... astro folks, various time forward work ups and cycles all play a vital part... because TIME is more important then price. So Far most astro folks are bullish coming into this widow.... Except Mahendra who shouldn't be discarded due to his accuracy rate.