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To: Defrocked who wrote (17183)	1/29/1999 9:32:00 AM
From: Moominoid	Read Replies (2) \| Respond to of 86076

I'm just using TA particularly with weekly data to come to the conclusion that this wasn't "it" yet. Obviously fundamentals are no use <g>. Back in early Dec I got bearish and started looking at things more closely to see why I might be wrong. This consolidation we've been through just now allows another run. If we now move up at a similar rate as between consolidations before we would get to 1350 or so in a month or two and then seem to get overstretched again. But if in the meantime there is another consolidation this could go on longer. If the slope is steep then it will go on less time. There's nothing magic about numbers when we're in new territory number wise. Rather I think rates of change and duration of that change are what count. David