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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (34931)	3/28/2003 6:32:20 PM
From: Challo Jeregy	Read Replies (2) \| Respond to of 57110

From: Larry Katz Subject: Sell signal from my technical barometer Views: 421 Date: 3/28/2003 10:45 AM -------------------------------------------------------------------------------- The Market Summary and Forecast Technical Barometer has move to a -6 signal this week. This is the outside position or the IT/LT component of the baromter. The short-term component went to -6 last week. This is the sixth consecutive sell signal since 2000 without an intervening buy signal. It does tend to be a little early with the last signal coming in late October and persisting into December. I have done some extensive research on the past five signals. I will be going over all of this in my interview with Ike on Saturday it is quite interesting. The bottom line is that it seems to support Z's view and my own that either wave C from March 2002 or wave 3 of c is not too far away. LK ================================ Larry Im thinking we may just get it to SPX 901-918 on this next C wave and top out sometime between April 1 and 9th. I will stay flexable but from what im seeing it does not look too happy camper for a heck of a lot more. ============================================= I see that too maybe even a little higher but what bothers me is that even the bears are looking for more rally. ====================================== traders-talk.com