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techcharter

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techcharter

Re: frankp3 post# 3176

Friday, 08/13/2004 3:06:31 PM

Friday, August 13, 2004 3:06:31 PM

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Frank- ED

In terms of wave count, are you counting an ending diagonal of a C wave? If the underlying trend is truly down, and ED at this point doesn't make sense. An ED shows a weaker, larger trend and possibly a larger trend reversal.
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