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

To: skinowski who wrote (120067)	6/8/2005 6:32:47 PM
From: Shack	Read Replies (3) \| Respond to of 209892

By definition, I'm pretty sure you can't have a higher high within a "donwchannel" as you have on your SPX chart. I haven't been able to count the SPX for two weeks now, as you say a series of threes that could be anything from a topping pattern to a running correction. NDX is quite a bit clearer near-term, either about to enter a (iii) of 3 down and we are heading back to the 1470's, or it is about to complete an abc off the June 1 highs with a little wiggle ED. A close below 1520 and I will not have a single long left.