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

To: Henry J Costanzo who wrote (134721)	7/24/2006 11:36:05 PM
From: Moominoid	Respond to of 209892

BTW..I know this won't impress you in the least..........but last Wed's up broke the Jul downtrend......on a surge in volume.....and last Tues's low has remained inviolate...(not that I really care about, or lay much store in, this ...as I've said ad nauseam...."narrow, unrepresentative, index".....LOL Of course neither of those impresses me because it just means we are in wave 2 :) I'd only be impressed if we exceeded the level of the wave labeled with a big B... then we'd need a new count for sure. In the meantime I am long and will be till the model tells me to go short.