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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.01

-0.1%

Dec 30 4:00 PM EST

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To: William H Huebl who wrote (289)	12/4/1998 9:07:00 AM
From: Lucretius	Read Replies (4) of 99985

Will, LT is playin for a crash and not a resumption. I see this morning's rally as a golden opp to buy puts or exit longs. Mkts tend to break down much faster from double tops than from any other pattern, and investors will not have as much time to exit as they did this Summer. All other indicators (Put/call, falling dollar,trin, mutual fund flows) fit in nicely w/ a resumption of the bear. Foreign selling of our stocks and bonds (and hence the dollar) are the key, IMO. look out below... things gonna get UGLY -Lucretius

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