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To: Tom Byron who wrote (11192)5/26/2001 8:56:53 PM
From: Tom Byron  Read Replies (1) | Respond to of 81900
 
re: the two years spx chart....the slow stochastics are now finishing wave #4 up and have now started wave #5 down at this time....and this current 57 weeks 9 wave action began 11/17/00...this current 9 wavers in a 9 waver down....all of this, of course, for what it is worth......:)



To: Tom Byron who wrote (11192)5/27/2001 2:37:02 PM
From: Tom Byron  Read Replies (3) | Respond to of 81900
 
a message to myself from my self:

some additional observations and comments on the spx chart...this one goes a back to late 1994...

bigcharts.com

1. this longer term chart shows the 89 ema (epotential moving average) line being meet by the spx price bar, very
nicely, thank you.

2. the slow stochastics indicator now show the topping (crossing-over) of the two stochastics lines....compliments of allen greenspan and his little talk at the new york joint on thursday evening....something about more troubles down the road....mucha thanks, allen.

3. and finally, the rsi (relative strength index)...let me say this about that.

ya be most requested to draw a line on this a one....starting at the july, 1998 top for the rsi indicator and move it
on down the line bumping off of the many other toppings to the current topping now in place.....nice little downward slopping line....so say i, and i've seen many commentaries about the "sign of the bear" for many individuals companies and their shares, were first sighted in april - july 1998

so we have the spx price bar chart meeting the 89 ema line.....the slow stochastics topping (#4 up from the 11/17/00 date).......and a continuation of the downward sloping line on the rsi.....

1-2-3 .....all be in place for a continuation of the bear.

guree tom @ at that is that.