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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (45714)	1/25/2000 9:24:00 AM
From: robert b furman	Respond to of 94695

Seldom does a top just come and go all in one day.Distribution must occur before a true top can be called.I think a failed attempt to break out over that 4300 will be the perfect trap to initiate short positions into.It could well and should well happen on good volume with a close in the lower part of the days range (much like yesterday) Going back - remember Oct 8 1998 the most beautful double bottom ever put in - vix in 60's +.Any purchases made the week before were great buys.I think in a converse way any shorts taken before the next failed top will be excellent shorts. I remember your positional trade for 200 + points that had to be initiated around that time??? Thats when I said " I've got to learn to do that!!!! Bob