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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: set who wrote (4618)	10/25/1999 7:05:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 5676

members.bellatlantic.net Shahar, i'm starting the count from the spx top in july, and that would put us in wave 4 from the top now. How long will 4 last, i don't know. We did go above the zero line on the McOscillator and came back below today, that may mean that either we topped a leg up in the 4 consolidation or we are done with 4. The nasdaq looks like it's rolling over with a momentum spike into july top and now this sloppy rounding top (looks like the weekly xal and spf charts) Something that might be a good short candidate: Today in the LA Times Biz section a big center front page spread on Emulex (emlx) The chart is in vertical parabolic stage. I have found that when companies hit a center page write up like this it can be a top (sometimes to the day -g-) bb