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S&P 500
5,457.29
(
0.47%
)
US TECH 100
19,280.54
(
0.59%
)
Dow Jones
38,684.58
(
0.25%
)
Brent Oil
83.30
(
1.42%
)
Bitcoin
65,862.05
(
-1.17%
)
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techcharter

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techcharter

Re: frankp3 post# 4983

Friday, 12/03/2004 6:05:49 PM

Friday, December 03, 2004 6:05:49 PM

Post# of 51800
Triangles:

It looks like the Dow started an Ending diagonal on Wednesday. Today a possible wave 5d formed a triangle, or wave 5e is going to truncate. Monday should be a pop and drop, if there is anything left to pop.

The sideways movement indicates investors are hestitant to head into this weekend. This does not bode well for Xmas shopping. Reports over this weekend and monday morning will probably be disappointing.


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