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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (37778)2/27/1999 9:27:00 AM
From: Kip518  Read Replies (1) of 94695
 
The 3rd will be 144 fib days from the 9 month cycle low, previous 144 trading days from the cycle low produced the lows of late 8/97 and the lows of early June 98, which both provided support for the run to the final top

On the other hand, Thursday March 4, 1999, is a Fibonacci 55 calendar days from the January 8, 1999 Dow peak. In 1929 and 1987 the 55th day
was crash day.

A run to new highs or collapse. Which will it be, bb? Could it be both? -- if so, what a climax!

This sure is an ugly chart.

decisionpoint.com
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