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Re: [RT] Re: NASDAQ COMP. Wave Counts



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Jeff & Group:

Looks and sounds like your interpretations lends itself to more 
downside, correct?  What is wrong with a=1, b=2, c=3, d=4 and
last Wednesday's new low where e=5 thus completing the wave 5?
Is that technically correct?  That interpretations suggests that
the downmove is over and that last Wednesday's lows will not
be taken out.  Thoughts and comments?

Chas


-----Original Message-----
From: Jeffrey Harteam <jharteam@xxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxx>
Date: Sunday, November 26, 2000 3:37 AM
Subject: [RT] Re: NASDAQ COMP. Wave Counts


>Greetings Traders:
>
>The Nasdaq Comp. is nearing its final leg of downmove to complete its
>intermediate correction a-b-c since 03/10/2000. The final wave 5 of c
>has taken the shape of a declining wedge. This is a classical 5-3-5
>Elliott Wave pattern.  Regards
>
>Have a good one
>Jeff Harteam
>Hong Kong
>
>
>To unsubscribe from this group, send an email to:
>realtraders-unsubscribe@xxxxxxxxxxx
>
>
>


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