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

To: Henry J Costanzo who wrote (134316)	7/13/2006 12:08:25 PM
From: wave3rules	Read Replies (2) \| Respond to of 209892

Well if you want to talk plain old TA how about making a case that the DOW did not just complete a double top. There are several indicators showing that this last several years of rally is extremely weak and the smart money index shows a steady outflow of smart money. That is more in line with a wave 2 not a wave B But that aside lets say the last move to recent highs was in fact a wave B then this wave C has a LONG way to go would it not, assuming wave A down 2000-2002 and wave B to presnt highs 5th May.