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S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,790.80
(
0.58%
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Dow Jones
40,000.90
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0.62%
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84.57
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57,623.24
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0.48%
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Post# of 148479
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ajtj99

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ajtj99

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Re: None

Wednesday, 09/06/2006 7:27:48 PM

Wednesday, September 06, 2006 7:27:48 PM

Post# of 148479
If we take the uptrend line on the NDX weekly chart and make a parallel upper channel line starting at the 1583 high a couple of weeks ago, it hits 1761 in early January.

If we follow the path I think we're on, we'd double top at 1721 NDX or so in early Dec, re-trace 40-60 points, then move up to 1761 in early to mid-January, then dump to 1634 or so by the end of Feb.

http://stockcharts.com/h-sc/ui?s=$ndx&p=W&st=2002-08-13&id=p76885426540&a=6471086&am...

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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