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Strategies & Market Trends : The Stock Market Bubble

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To: bobby beara who wrote (1669)	9/18/1998 11:36:00 PM
From: Box-By-The-Riviera™	Read Replies (1) of 3339

<<<<<<<<<,There is an angled head & shoulders pattern on the SPX, drawing along the tops of the may june trading range and the august trading range. and the bottoms of the same trading ranges. Yesterday we reversed hard off the bottom of that neckline. That point is also coincident with the trendline off the 4/97 and 10/97 lows, which was broken on high volume and has now been retested. The H&S pattern has a projection to the 900-920 area. Today was a low volitility day on the DOW, comparable low volitility days from the top were 8/19 and 7/17. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> BB..... May I safely assume you mean we are going down?? Joel

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