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One picture is of "matching" the last pattern ID on the chart
(junk.gif) and looking at all such patterns since the beginning
of trading of QQQ.
The other (junk0.gif) does not consider the pattern ID but
simply takes all patterns that begin with an upgoing leg
and averages them into the displayed set of data. What is
a bit troubling to me is the high probability of QQQ being
12-15% or so lower -- 6 weeks out -- than today.
AGAIN -- JUST HISTORY -- NO "XXX" MAGIC OF ANY TYPE.
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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Attachment:
Description: "junk.gif"
Attachment:
Description: "junk0.gif"
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