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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (62772)	2/8/2003 9:28:47 AM
From: William H Huebl	Read Replies (2) of 94695

I am totally short the contest. If you are even considering being long, please, consider these facts: - a major very long term view of the markets shows a significant H$S broke down big time around the 90 level in the SPDRs... during the last half of 2002. You can see it on my website: (Note: it may be out of date, but it still applies) geocities.com - A shorter term H&S breakdown can be seen here in the short-intermediate term at the 87 level 3 weeks ago: stockcharts.com[w,a]daclynay[dc][pb200!c144][iUd144!Lr2]&pref=G Typically H&S patterns are 95% reliable... so that means we go either to SPY 77 level (about 7200 on DOW) in the next month or longer term to 50 or less (about 4500 on the DOW) within the next year or so OR BOTH! BWDIK?

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