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Strategies & Market Trends : The Millennium Crash

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To: set who wrote (3111)	8/9/1998 8:02:00 PM
From: bobby beara	Read Replies (2) of 5676

Yahoo Shahar, how about this, I was looking over the Yahoo chart and being puzzled by this double top and trying to make out the wave structure. I believe the 2nd top was the fifth wave ending, which seems to be a nasty reversal sign. I can make a case for the 2nd top on the NDX out of the triangle in October 97 as being a fifth wave failure. I was also looking at the yahoo weekly chart and it double topped in sept/oct. and the third week after the double top was the little kahuna. This week is the third week after this double top on Yahoo, if your short yahoo, one can only hope -gggggggggggg- I'm also curious about these upgrades in semiconductor stocks. I can make a case for a 5 wave up move in MU. I guess either the're feeling the Asian thing is going away or somebody wants to dump to the new era types. bb

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