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1.06%
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0.95%
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39,375.87
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techcharter

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techcharter

Re: kenl post# 35232

Wednesday, 08/27/2008 9:32:44 PM

Wednesday, August 27, 2008 9:32:44 PM

Post# of 51808
KENL - $MID

wave b of b of the July rally advanced beyond the end of wave a, yet wave c of b does not look impulsive, so its not a flat.

The best e-wave count would be WxYxZ, a complex corrective move of 3 non-impulsive advances. Drawing an upper trendline, and estimating the rally concludes late next week, I get a target of 840.

The volume continues to decline with time. This indicates Wave 1 has not started.

So we're in the same ballpark.
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