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

To: William H Huebl who wrote (71028)	5/31/2005 8:06:35 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Who knows. October-November is the seasonal bottom. Unless one expects a 1-day BK, we need time to get there. They say "Sell in May and go away... But remember to buy in November" -g- Again, IMHO, if we don't top out by Wednesday, the intermediate downtrend will change to up. By intermediate I mean 6 months to 2 years. Short term trend (1-2 months) is now up. So, the bears need to come out this week, or it's all bullish! If they do, and we have a successful re-test of the breakdown, things could get nasty in a hurry, IMHO, cause this would mean that the bears are back. Then we have entered the 3-d phase of the bear, which is supposed to be a very ugly decline. We'll see?