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To: Tom Trader who wrote (15092)2/9/1999 2:08:00 PM
From: GROUND ZERO™  Respond to of 44573
 
Oh, ooopps, I'm sorry, my apologies.....I should be more careful.... I could be wrong, I was just talking in general.....a rally is about due...(gulp).....

GZ



To: Tom Trader who wrote (15092)2/9/1999 2:26:00 PM
From: SE  Read Replies (4) | Respond to of 44573
 
Tom,

Take note...the old 1,200 point TICK rule is in effect. We are up more than 1200 on the TICK from the most recent low within an hour of that occuring. If this works again, the new high of the day, whereever that is we should see a 10 point at least sell off from that point.

-Scott



To: Tom Trader who wrote (15092)2/9/1999 2:32:00 PM
From: doug-e-mini  Read Replies (1) | Respond to of 44573
 
Tom, I'm late in posting this but FWIW, the low at 26.50 which took took out the earlier low, then reversed, set-up the W formation. Your entry at 28 was perfect. A move above 35.50 will confirm the pattern.

32.00 should provide support.

Of course this is just short-term stuff and a failure of this pattern would be negative.

There looks to be a completed 5 wave down pattern from the 2/1 high.


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