Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (33994)	11/19/1998 5:37:00 PM
From: donald sew	Read Replies (1) of 94695

Carl, I have my short-term technicals for the overall market at overbought with the NAZ as a CLASS 2 SELL and the DOW/SPX close to a CLASS 2 SELL. A CLASS 2 sell means that it could turn down as soon as tomorrow, but could also have a bit more upside of 1-2 days, which would mean that the top would arrive Mon or TUE. In other words its quite close, within 3 days. As for the downside, Im looking at a 5% or more decline. I wonder if this afternoon selloff of the INTERNUTs was a technical sign of pullback forthcoming soon. Seeya

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