My current expectations are a 150/200 Naz points advance in four to 5 weeks (I still have September 14th as a potential local top), a retrench lasting 2 to three weeks and then a run into January to about 30% above the low. I think that the low we are in the process of putting in will hold on the next retrench, but that depends a lot on how exuberant the next advance is going to be. If early October sees a low below the current low, I'll have to revise the January target.
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