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To: TREND1 who wrote (42354)	1/18/1999 5:29:00 PM
From: eabDad	Read Replies (1) \| Respond to of 53903

Larry: Followed your posts over the last couple years and respect you. Agreed that my TA also shows no hint of a MU top anywhere between now and mid-90s, but that may or may not mean anything. I liken the period fundamentally now to 1992, but some could argue 1993. No matter, in both years we saw a sizable 35-50% correction in late Q1-Q2 before resumption of the uptrend. In today's situation we broke out of a major wedge at 36-37 which has not been adequately tested in my mind. I suspect that we cannot continue on the road to 200 without some retest correction, possibly sizable. My thought process was to estimate the size of the pullback, figure out what level needs testing and then back calculate a local high. When I do this, I get a number betyween 70-80. What are you looking for right now? Z