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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 (73207)	5/23/2006 9:58:51 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Yes, October may produce a large selloff within a bear market, as it did in 2000-2002, but it does not mean we can't start doing a little damage now. The likelihood of a crash is low. It all depends how far we bounce now. So far I don't see severe intermediate term technical damage, or an indication of a reversal for the bullish trend. This may change, if we violate Monday lows after a bounce. We got oversold, but if this is a start of a bear market, we should stay oversold. BWDIK?