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S&P 500
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US TECH 100
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-0.20%
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Dow Jones
39,150.33
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techcharter

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techcharter

Re: None

Thursday, 03/17/2011 9:54:25 AM

Thursday, March 17, 2011 9:54:25 AM

Post# of 51804
Rally is corrective

The DAX and Nikkei show double zigzags over the last 3 days.

http://finance.yahoo.com/q/bc?s=%5EGDAXI+Basic+Chart&t=5d

http://finance.yahoo.com/q/bc?s=%5EN225+Basic+Chart&t=5d

The bounce off Wednesday's lows in the SPX is a zigzag wave 2. Several degrees of waves 1-2 over the last 2 weeks.
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