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Re: PENNYPRINCE 1 post# 224629

Monday, 03/29/2004 10:04:31 PM

Monday, March 29, 2004 10:04:31 PM

Post# of 704019
The reason I doubt we go and actually retest the lows (barring unexpected events) is simply that the "time window is closing fast, next Tuesday is when the window closes on the "Late winter/very early spring swoon". Since 3/24 gave us a bottom well within the target range at 1896 (target range was 1887/1913) and on the nose time wise, I think that we have seen the worse and anything in the next five trading days will simply consist of churning just under the 2007/11 area with a possible swoon the the 1940/45 area. We may even be surprised and we take 2011 before the week is out...

AZH

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