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Re: Zeev Hed post# 348587

Monday, 01/24/2005 12:00:17 AM

Monday, January 24, 2005 12:00:17 AM

Post# of 704041
Z--

If we head down now on a CLOSING BASIS to 1750 (a=c), or, even to 1500 (c=1.6a), a new all time high is still doable afterwards. If it continues down to 1400, however, you INVALIDATE my count and it's back to the drawing board.
If we have a melt-up NOW to 2200-2300, then your 1400 is in play but I see it being pushed forward to year 2006.

After the dollar completes one more retest of its bottom it should begin to accelerate in a Wave 3 rise. Maybe this will be the catalyst for the above stock rise.

Never a dull moment and your range bound market is where we are heading.

To be continued.<G>

--P

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