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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.72

+0.7%

Jan 5 4:00 PM EST

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To: William H Huebl who wrote (726)	12/7/1998 9:34:00 AM
From: Lucretius	of 99985

WH, yes the H&S pattern looks to be forming on this top. The double top I am refering to is the top this Summer and the one put in a week ago in the SPX and INDU. MSH and NDX appear to be going out in grand crash style. I have several stocks that I watch that have lead the mkt down and up over the last few months of this bear... one of them is NKE. Note what NKE did after its bounce and subsequent completed H&S pattern last week. Bombs away.

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