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

To: Lee Lichterman III who wrote (46214)3/7/2000 2:34:00 PM
From: sandeep  Respond to of 94695
 
CSCO held 10-day EMA again. Don't worry about NAZ going down. YHOO will probably generate a buy signal today. If GE manages to close above 135, call it the DOW bottom and strongly buy the dip.
Looking at the problems PG is having (inability to transfer the component price increases to the consumer), an argument can be made that in the new economy, rampant inflation cannot really occur. Greenspan will get it someday, hopefully sooner than later.



To: Lee Lichterman III who wrote (46214)3/7/2000 2:38:00 PM
From: pater tenebrarum  Respond to of 94695
 
Lee, it may not mean much, but since you mention the TRIN, the 10-day TRIN over the past 3 months looks EXACTLY like its meanderings in '87 just before the BK.
note that in '87 the NAZ also held firm until the last minute.
i'm not calling for a BK, mind you. just pointing out the similarities.

regards,

hb

PS: IF there's a BK, i expect most retail brokers to completely shut down, both on the web and telephonically.


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