Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (36478)	1/16/1999 7:20:00 PM
From: bobby beara	Read Replies (3) of 94695

Bill, I like your scenario here, the fear sell-off and the snap back on strong internal mo on Friday will take several trading days to disapate. There are several fibonacci turning points around next weekend. In every major top since the NUTZ began in summer on 97, the NUTZ have made a momentum top and then a correction, then a non-confirmed top on weaker rsi. While I thought this time would be different and we would get a V top, maybe not and we will get another nutz rally that makes a double top or a lower high at the same time the greater market peaks. H&S pattern could be developing on the Dopers (drg-ggg-) and the Long Bond Chart could be in the process of making a little h&s pattern from mid december that points to a yield of 48.5 and this would be the failed fifth wave in bonds some ellioticians are looking for. bb

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