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

To: donald sew who wrote (48162)	8/3/2000 11:54:43 AM
From: Gersh Avery	Respond to of 94695

The sp00 closed the "true gap" from yesterday. In other words we have now overlapped yesterdays low. Now to see if we close the "close to open" gap. Thanks for posting over here. I didn't want to argue with you over there. I think that we have had the influence of the end of month stuff as an overlay on the overall bearish trend. End of month time is over now .. yesterday took me quite by surprise. As did this current run up after the open. And as for the run up .. I am still expecting the resulting pattern to be the same .. that would be a sell off after a lackluster rally .. At this point we have a nice double top in the sp00. They finally took out the Bob Brinker stop! And in fact that could well have been the target .. The problem now is to prevent the margin calls from going out ..