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Recently, someone asked me about the DJIA 17-32 retracement chart I posted here
a couple of months ago and I zoomed in for a closeup of the top, then compared
it to a weekly line chart of the current top. Then I switched over and zoomed in
on the Nikkei in Dec 90-Feb 91. In both cases, there was a waterfall decline
when the bottom of the first retracement was taken out. My current intermediate
and long term technical work is suggesting that the current bottom is not going
to hold.
Earl
Attachment Converted: "c:\eudora\attach\DJ1929.gif"
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