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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST
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To: Lee Lichterman III who wrote (10532)4/11/1999 11:17:00 AM
From: bobby beara  Read Replies (2) of 99985
 
>>>emerged from the river De-Nial<<<

-ggg-

Dear Befuddled,

Darn, when Dell touched the year long channel line (sans blow top late Jan) on Bradley Day April 6th, in hindsight I shoulda gonna thermo on Dell at 80 p/e -g- I just couldn't figure out the pattern.

Now looking at it we have an angled H&S pattern with a whole bunch of left shoulders coming up from early 98 and two right shoulders after the bubble top.

I read recently there is a company that is giving away computers to sign up customers to internet access.

I saw a M.D. interview shortly after earnings problem and I felt he was being elusive, that must have shown thru at the recent conference, another clue.

I'm still seeing some upside in some internet charts, so I think some money may transfer into sunw, csco, lu and selective nutz and drive that bubble higher.

Besides the fib relationship on April 8th of 610 days from August 97 top, we are coming up on fibonacci 89 weeks from that top April 21st.

We seem to be getting a broadening top with stocks all topping out at different times, very befuddling.

Tomorrow is the anniversary of the Titanic Sinking, just another titanic indicator going off -ggggggg-

befuddled jr. -g-
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