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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (32564)10/28/1998 5:38:00 AM
From: bearshark  Read Replies (4) of 94695
 
Good Morning GZ: The DJI needs to hold the 8300 area. I have a negative 179 for today already using the WSJ-Interactive information. The last time it rolled over from negative to positive and then to negative was from July 16 -- 22, 1998. I think that was good for a 800 or so point drop.

I am still looking for a correction before the next move. I need some more action to see what the market says. If we have an 800 point drop from here--which I do not expect--this was a bear market rally.
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