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Current working S&P cash chart includes some important left pivot lows. I've
got lots of price targets, however two major sets agree with your ranges. I
suspect price is going to reach the lower target before 2002 is out. I also
suspect that the upper range will contain this particular leg.
Earl
----- Original Message -----
From: <rosow@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, July 03, 2002 11:36 PM
Subject: Re: [RT] Indu
> Ben,
>
> 1) 1st wave 5 downside target is the area between 883-908 which sports the
> MOB parameters and a few price clusters.
>
> 2) 2nd wave 5 downside target is the area between 803-833 which contains 4
> price clusters.
>
> Lenny
>
> PS - if we have a quick retracement up from here I would be surprised if
it
> closes above 1074.36.
>
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