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techcharter

03/16/07 6:03 AM

#25896 RE: pegwatcher #25895

Nikkei, SSEC, HSI E-waves

All three of these asian indexes are showing a zigzag lasting 2-3 days. Monday is set up for some heavy selling into wave 1 of 3 of 3.

The US market is not quite half way through it's zigzag bounce. The US market should head lower at the opening and climb into the close, maybe even a little higher.