Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (37635)	2/24/1999 1:09:00 AM
From: Vitas	Read Replies (3) of 94695

ARE YOU READY TO RUMBLE.......................................... We have now the reached the right shoulder in the "55 day" slammation pattern. 10/2/87 high was 31-32 trading days from start 9/14/92 high was 30.......... " 3/18/94 high was 32.......... " 5/20/98 high was 33.......... " we are now 33 trading days from 1/6/99, the internal high of this move. The fact that the market made its high on 1/8/99 is seen more clearly by looking at NYA. (the Spx has all the NAZ stocks). We have failed at zero in the McClellan summation. As long as breadth remains negative tomorrow, tomorrow is the day to get real skinny. NYA exceeding its upper Bollinger band at 603 and change would be a problem. There are a few other imperfections, but, hey, what the heck. Vitas

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