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To: Glenn D. Rudolph who wrote (16110)5/25/1998 9:53:00 PM
From: blankmind  Read Replies (1) | Respond to of 45548
 
i know you were aware of the relatively short existence of the nwx. but for those gen x'ers it has been around forever. i was just bringing up the point, since you brought up nwx. i am happy we can have something to reference, it makes it easier to discuss.

i show the dip every eight-nine months, not necessarily a new low, but with a decisive pull back, over the 2 year period. the last pullback ending around january, so i will predict the sept time frame based on the 3 previous dips.

the nwx is not far off its 52 week high. current 360, high 371. still to early for me to call a downtrend. we both know it will occur at some time, even in this new market without the old rules.

it will depend on how asia is viewed and if the quarter goes well for some of the dogs draggin down the nwx, whether we drop or continue to rise.

you have been following the nwx longer than i, and with the nwx in a area that is new, we could be set up for a fall, but i do not believe we have the pieces in place for that yet.