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Hi Folks,
Since my Data provider and charting software are on Y2K modes (not
working). I'm using some very basic tools.
In ref. to W.D. Gann, in his book " 45 years in Wall Street". He
states that the market or stock moves in 3,5,7 patterns. If I were able
to show charts, I could prove this to be very true, EOD or Realtime.
The Dow made a high on 12/31 of 11,568.77, if I use the pattern, here
are suppose to be supports (temp).
11,268.77
11,068.77
10,868.77
Also, note that the 50ma is ~10,951.9 and the 200ma~10,929.8. I am
planning on a bounce, if the market hits these levels.
Along with time zones CIT (changes in trend), tomorrow should be day 3.
Also watching for Jan 7.
TradeWell,
Joe Frabosilio
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