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To: skinowski who wrote (136097)8/28/2006 11:40:13 PM
From: Perspective  Read Replies (1) | Respond to of 209892
 
Yes, as I've pointed out before, the entire 2000-2002 affair for the SPX occurred pretty much without any clean downward impulses - just corrective structure after corrective structure. If you bought the dips because it looked like corrective down, you got worked pretty hard. The key was that the corrective ups were far less energetic than the corrective downs.

BC