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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (39766)	11/1/1999 4:19:00 PM
From: accountclosed	Respond to of 44573

john, a shame not just for participants, but for observers, too.

To: John Pitera who wrote (39766)	11/1/1999 5:19:00 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 44573

Hi John, If you look at a weekly chart of the SPX you'll see the formation of a rare saucer or bowl formation. I don't know much about them, but they are top and bottom formations. How long does it take or at what price do pundants call a bull market over? Is there any retracement, percentage or support line that declares....the bull is dead? I believe the highs for the year are printed in the SPX and DJIA....but not necessarily a dead bull. FWIW...the forks gave a short signal at 1372.00 at about 12:30....a new fork formed on the 8min chart looking down. This can be confirmed on the day charts. For atleast a short term... FWIW...I'd have been short at about 1370. I believe a retracement has begun. My Best, Chip