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To: wlheatmoon who wrote (75972)11/17/1999 9:24:00 PM
From: John Pitera  Read Replies (3) | Respond to of 86076
 
~~Congrats. Now, where to, Kimosabe?~~ LOL Thanks for that Mike. I notice that the huge Global telco's are going in reverse in the past 2 days. NTT of Japan, BTY of the UK have had the biggest sell off in the past few months. DT of Germany seems to have run out of momentum on the upside and appears to be treading water.

I think that They may be flashing a warning signal that the Global Money Masters, may be indicating an end to the nice run of the past number of weeks..

It's early for this thesis, but It has really caught my attention,

speaking of GE it's as far above it's 200 dma as it ever gets, and is diverging on a momentum basis.

So this may be it for a while on the upside.

some of these price explosions in the hokey China plays the past couple of days. Reminds me of the KTEL& Bamm etc, top of April 1998.

but maybe I am looking too hard for inappropriate analogies.

John