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 Strategies & Market Trends : MDD - Market Direction Discussion

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To: Death Sphincter who wrote (59882)10/5/2000 2:12:39 PM
From: bobby bearaRead Replies (2) of 84056
 
hey butt ugly count man:

>>And I believe that this ending diagonal has one more move up that will take the S&P to 1600+<<<

take a look at the GE rising wedge from december
stockcharts.com 
i can make a case for a count that would put the next high in ge is the final fifth wave high from the 98 low.

take a look at all the strong stocks now like sunw, emc, glw, all look like they have finished up five wave counts from the 98 low, with three being the march top (as was ge)

the horizontal line in the sand
stockcharts.com 

read my lips - no new high in the spx - no 1600 and if
im' wrong, then nevermind -g-

buttman jr.
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