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Profit, the issue that Ira raised was whether or not
the pattern was forming a bullish Gartley, as defined by Pesavento, or something
else as defined by Ira's undisclosed source. Going up for a few days or
even more will not negate the bullish Gartley pattern.
Bill
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=proffittak@xxxxxxx
href="mailto:proffittak@xxxxxxx";>proffittak@xxxxxxx
To: <A title=realtraders@xxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx
Sent: Sunday, December 17, 2000 5:43
PM
Subject: [RT] NDX Update
In a message dated 12/16/00 11:37:02 AM Eastern Standard
Time, ist@xxxxxx writes:<<
This is not a bullish Gartley, it only indicates a retracment is in
theoffing because an objective has been reached. To be bullish
C has tobe taken out, a retracement, and then the next leg up is the
bullishone. Until that happens it is retracement and either lower
orconsolidation. Ira >>heloi am in
agreement with Iramy work suggests a 1-2 day up in
NASDAQ and then new lowTo
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