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techcharter

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techcharter

Re: None

Wednesday, 07/21/2004 7:04:36 AM

Wednesday, July 21, 2004 7:04:36 AM

Post# of 51804
German DAX upside target.

38.2% retracement = 3905.77
50% retracement = 3943.08
61.8% retracement = 3980.37

The wave structure looks like a zig-zag even though the price is 7 points shy of the first target. There should be and A-B-C rally unless the larger downtrend is super strong.


http://finance.yahoo.com/q/bc?s=^GDAXI&t=5d


http://stockcharts.com/def/servlet/SC.web?c=$DAX,uu[w,a]dacayyay[db][pb50!d20,2!f][vc60][iLp14,3,3!L...
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