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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (34842)12/23/1998 1:03:00 PM
From: bearshark  Read Replies (2) of 94695
 
Let's make some easy money. Below is the potential inverse H&S on the INDU or ascending triangle, if you wish to see it that way.

207.95.154.130

Below is the TRAN trying to move from its inverse H&S for the second time.

207.95.154.130

Next week begins the Santa rally which, based on years of data, should add about 200 points to the INDU. If everything falls into place, we will have some New Year's weakness and then a buy signal for 11,000 plus.

On another thread, you will see that a fellow named Doug R. has the same ideas.

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