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here
is an interesting chart which ties much of what is being discussed together. We
are at a gann line that may offer resistance w/ 5 waves complete (wave 3) or
nearly so. Your target of 1130 is spot on the 38% rt from today's high and the
next timing area which is the cross of the 1x1's (red lines) is 3/11 which
is consistent with the dates being discussed. From that turn I would be looking
for 1300 in the next 52-83 days
<FONT face=Tahoma
size=2>-----Original Message-----From: profitok
[mailto:profitok@xxxxxxxxxxxxx]Sent: Wednesday, March 06, 2002 8:59
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
sp500/nasdaq
I agree with Everything you said
I have made MANY predictions on this list
and some good and some bad
we live and learn
As for this move down
a close under 31 sp points will bring us
down to 1029-1034
nice evening
Ben
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
timer
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, March 06, 2002 8:45
PM
Subject: Re: [RT] sp500/nasdaq
Trading is an Art not a Science. Predicting a decline of 21-34 pts
on sp500. is only 1.8% to 2.9%. After a big run up this not a big deal.
Let the market tell you what to do instead of telling the
market what it should do and expecting it to do what you say. How does
one know what the market is telling you? That's where the trading comes in,
and the trading is not the same for everyone, just like two people looking
at the same painting in a museum. They don't see the same thing. On the
other hand, if a large calculater is on the wall next to theaid painting and
someone punches in numbers, everyone will see the same numbers.
Contributions by way of posts to the traders on the group are helpfull
when one discusses what he sees on the painting without assumming that what
he sees everyone sees the same thing. When you make that assumption is when
you think you have turned the Art into a Science. At that point
every forecast made on the forum will, if not consciously,
qqtrader
profitok <profitok@xxxxxxxxxxxxx> wrote:
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