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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: ynot who wrote (1818)8/6/1999 12:42:00 AM
From: bobby beara  Read Replies (1) of 3543
 
ynot, >>>>would AG be factored<<< yep he has the handle on the pump and holds the needle.

it's amazing how many market turns are right around his talks and microsoft earnings, after looking more deeply at the charts and considering the lousy breadth and up/down volume on todays rebound, i don't expect this rally will last long, if the market react positively to tomorrows #'s i will be out of my small long position by the end of the day and if the up/down volume and a/d don't confirm a reversal i will may be back on the short side at the close.

i'm still holding my mega short uspix position from 7/19, i have a 3% mental stop loss on that.

on the NYSE it looks like we have wave three down, similar to last year and if we have a couple day rally, then take out today's low that would give us a complete wave 5 down, then should have and ABC countertrend into FOMC.

If we have an impulsive rally off this low, with confirming internals, then you would have to say we made an ABC retest of the inverse H&S pattern on the NYSE and the bull market lives.

all these parabolic charts some how don't give me that idea -g-

bwdik
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