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It's up from 3700 when I wrote that and currently rocking around the 78%
retracement of entire decline at 3758 but it still looks good for higher
.. 3824 is 62% expansion, 3900 is previous high, and 3937 is the bull
target and 100% expansion. The bonds are sleeping now so the ND can come
out and play ... If it does reach price objective, I would be wary of an
outside reversal back through the previous high and then down ... Unlike
the prior advance, intraday OBV is not confirming this price move.
Earl (not adventurous)
----- Original Message -----
From: "ROBERT ROESKE" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, January 10, 2000 12:43 PM
Subject: [RT] Re: Another bull flag - ND
> Don't laugh, Earl could be right. Simple trendlines point to 300+
points
> for the NDX.
> BR
>
> ----- Original Message -----
> From: Earl Adamy <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, January 10, 2000 10:51 AM
> Subject: [RT] Another bull flag - ND
>
>
> > For the truly adventureous (I'm not), there is a nice bull flag on
the
> > 10 minute March ND/NQ this morning which could be good for up to 300
> > points! Those trading the long side of bonds might want to have a
look
> > and consider if you want to run for cover.
> >
> > Earl
> >
> >
> >
>
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