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To: hawkeyefan who wrote (139068)12/1/2006 11:17:46 AM
From: skinowski  Read Replies (2) | Respond to of 209892
 
LOL. I'm sure he meant 90 days.

Little impulse down so far today.



To: hawkeyefan who wrote (139068)12/1/2006 11:39:36 AM
From: Patrick Slevin  Respond to of 209892
 
I don't know; I'm not Gann fluent.

The way I understand Gann analysts it seems like the tolerances are very close, like within months if not weeks.

Anyway, you can look at a number of reasons to be careful. The longest Bull Market in history without a decline of at least 10%

The distance from the 200 dma, the fact that the 200 dma hasn't been touched since August,

A real Bear could probably fill a book with reasons why it should correct. Whether it shall or not is anyone's guess.