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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: danderso who wrote (14835)	5/25/1999 12:22:00 AM
From: bobby beara	Read Replies (3) of 99985

Dave, glad you got out, it's unbelievable that so many people do not recognize the signifcance of this break. This is just the start of the carnage. That triangle on the GIN is the bermuda triangle -g- I've been looking the the bond chart and the leg up from 97 was a third wave, we corrected back to the third wave of that wave and found support in the 5.7 - 5.9% area and now we are poised to make new highs in the bonds as the utilities and the CRB are showing. Everybody is bearish on bonds, all top five bond timers are even bearish -g- This means the next sell-off should exceed the fear level of the October crash. bb

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