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I don't believe DJI will go below 9000.
jvc689@xxxxxxx wrote:
> Using a one year analysis of internals and charts I follow re. DJI:
>
> 1. Buy Oct '02 8300
>
> 2. Sell Dec '02 8500
>
> 3. Buy Mar '03 8200
>
> There is a potential sell in the week of 9/28/03. The same scenario set up
> in Aug '03 but the trend continued up. This could be a repeat of trend
> continuance with a head fake or a trend reversal.
>
> Using a two year analysis of internals and charts I follow:
>
> 1. Sell Mar '02 10,100
>
> 2. Buy Oct '03 8300
>
> 3. Sell Jan '03 8700
>
> 4. Buy Mar '03 8200
>
> The two year appears intact for a continuance of the upswing.
>
> I think it means to be on our toes...I have an open mind...and will let
> Mr. Market decide.
>
> Sincerely,
>
> John
>
> > I have a TEN buy condition for all major indexes for Monday.Ten buys
> occur when we have a Near Impulse forecast combined with the market at
> the bottom of a channel and a %R buy signal. There is a high probability
> of an up week with another reversal on Thursday or Friday.
> >
> > Jim White
> > PivotTrader.com
> > Home of the Near Impulse Forecaster
> >
> >
> >
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> >
> >
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>
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