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Re: jazzforever post# 7879

Saturday, 02/12/2005 7:02:19 PM

Saturday, February 12, 2005 7:02:19 PM

Post# of 51804
Jazz: SML index very clear E-waves.

I anticipate the SML will make a new 52 week high early next week and then its longer term trend will change.

Several of the markets are at trailing in this rally to new highs. Nonconfirmation is one of the signs of a topping market.

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