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Re: augieboo post# 4076

Monday, 01/06/2003 9:31:31 PM

Monday, January 06, 2003 9:31:31 PM

Post# of 13554
Dow Jones is building a inverse head and shoulder botton like 1998 botton. If we can close above 9000 we will break the neckline and trade above MA 200 . Neckline projection is around 11000 . (Looking at weekly chart you will see Inverse H&S pattern better)

The same pattern is found at SnP500

Some charts look great with real breakout with volume but
I'm trading with stop loss. If we hold above MA 200 I will turn more bullish.

Regards
GFS

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