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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (30028)10/2/1998 9:14:00 PM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
LG, I was trying to interpret yahoos chart on an elliot basis, and I thought that the move from the wedge out of early september was a really nicely formed wave 3, however as you know, interpretation is subjective. Now I'm more sure of it, given the market bottom put in today. 148 is the minimum target, in the last go round yahoo took out it's target big time, I don't think so this time. I am going over the Amazon chart also, from a charting perspective it's much weaker and also subject to recession worries because it's a retailer.

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