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Lenny
congratulations on a GREAT long term call
the next guru?
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:
rosow@xxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, April 07, 2002 8:29
PM
Subject: Re: [RT] Patterns vs
random
<FONT lang=0
face="Arial Rounded MT Bold" size=2 FAMILY="SANSSERIF">Earl,
You and I have talked about this ABC pattern for a
while! Here's a post that wasn't too far behind yours in late October from
11/04: <FONT lang=0 face="Arial Rounded MT Bold" color=#000000
size=3 FAMILY="SANSSERIF">From: <A
href="mailto:rosow@xxxx";>rosow@xxxx Date:
Sun Nov 4, 2001 7:42 pm Subject: Re:
[RT] Gann angles - can they be quantified? <FONT lang=0 face=arial
color=#000000 size=3 FAMILY="SANSSERIF"><FONT lang=0
face="Arial Rounded MT Bold" color=#000000 size=2 FAMILY="SANSSERIF">Ned,
I have a longer term look at the S&P cash. Attached
is the weekly chart. There was a clear 5-wave move down from the 03/24/00
weekly top. I'm calling this an A wave for now : >) I look for the B-wave
to retrace back up towards wave 4:A which is the 61.8% retracement of wave A.
This would be quite normal for a wave B. Minimally I look for at least a 50%
retrace in price and a 38.2% retrace in time which plays out around the week
of April 12th. Next post I'll give my daily view. Lenny
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