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To: donald sew who wrote (23906)	8/26/1999 2:04:00 PM
From: dclapp	Read Replies (1) \| Respond to of 99985

Donald, ok ok ok... I'll look for a "big pullback" so that you can say "at least one person..." etc. <g> truly, though, the amount of sudden bullishness is silly and unfounded, imo. all trends "take a breather," but I think the trends for bonds, oil and the dollar are still intact -- none of them good for "Dow 100,000" by the end of the month <g> doug ps -- like everybody else, I love your posts. you, too, Heinz...but could you hit Return more often to put in a few more white lines, to help out my old eyes?

To: donald sew who wrote (23906)	8/26/1999 2:06:00 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 99985

Does anyone know of a Quote Service that uses a smaller satellite dish than the 3ft DTN variety? Perhaps a 12" dish?

To: donald sew who wrote (23906)	8/26/1999 2:11:00 PM
From: Les H	Read Replies (3) \| Respond to of 99985

Jerry Favors Analysis, Aug 20, 1999 Last week we told subscribers that we looked for a rally this week which should peak by Tuesday and then be followed by a decline which should bottom near Thursday, August 20, plus or minus 1 day. The Cycles then call for a rally into August 24, plus or minus 1 day. The Dow in fact reached a print high of 11,117 on Tuesday, August 17 - up 143 points from last Friday's close and up 567 points from the August 10 print low of 10,549.10. As expected, the Dow then began a correction which fell 243 points to the 10,873.30 print low of Thursday, August 19. Technically the Cycles suggest a short-term high near August 24, plus or minus 1 day and then a decline into the end of August. However, if any part of this forecast is to be proven wrong it will probably be the part calling for a decline into the end of August. That decline could prove very short-lived, and then rally to higher highs near the end of this month. The next important resistance level for the Dow is 11,117 on a print basis. If that resistance is exceeded it will suggest a test of the all-time print high of 11,252.10. We still have an outstanding upside projection for the Dow calling for 11,450 plus or minus 96 points intraday. As long as yesterday's lows in the Dow are not broken from here that projection will remain intact. In fact, if the Dow exceeds 11,253 on a print basis and 11,325 intraday it will confirm a new upside projection calling for a rally up near 11,563 plus or minus 107 points intraday. That projection would call for a minimum of 11,456 intraday. If the rally fails early next week, the key support will be this week's lows of 10,873.30 on a print basis and 10,810 intraday. If both of those support levels are broken it will signal a stronger decline next week than we would like to see. However, make no mistake: we do remain bullish here and we believe any correction will ultimately be followed by new highs this year. marketweb.com

To: donald sew who wrote (23906)	8/26/1999 2:35:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Don, as far as i know short term cycles are actually pointing down until 08/31. so perhaps the pullback will indeed be a bit more pronounced than most people now expect. the next cycle high is due on 09/13, which jibes with your expectation. i know of at least one forecaster who expects 09/13 to be THE top. i will closely watch how sentiment and the rally's quality start to shape up in early september. if the internals stay as poor as they have been lately, i will definitely short the next cycle high. regards, hb

To: donald sew who wrote (23906)	8/26/1999 9:49:00 PM
From: bobby beara	Respond to of 99985

>>>Gosh there are hardly any bears anymore. Of those who are looking for a pullback right about now, most are only looking for a small pullback including myself.<<<< Danger Will Robinson, Danger, Danger, Danger -ggg- I remember people saying to short every rally (both bears and bulls) off the 8/11 bottom, now a lot of bears are calling for a blow-off or buy the dip. how things have changed. Biotechs look like they are topping out their parabola, INTEL my decision point cyclical stock looks like it has completed wave 5 and reversed. bb