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

To: robnhood who wrote (10578)	11/29/1997 8:16:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Hi Russell, Higher highs come from at least 2 sources as I see it, perceived value and backpedalling shorts. If neither are present then we have a problem. Lower lows, on the other hand, come from the opposites... backpedalling bulls and loss of perceived value. But there is one other source for both - capitulation or being fed up with being wrong or flat out frustration... and when THIS hits, by-by bulls! But I don't think we are that close... too many holiday distractions... Regards, Bill