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

To: Barbara Barry who wrote (13021)	1/10/1998 10:09:00 PM
From: William H Huebl	Respond to of 94695

Yeah BB, You are where we were 15 years ago with 4 kiddos... and I know how that goes. But here is a bulletin for you: WARNING: MOMENTUM TREND BREAKDOWN!!! The 144 day momentums of A/D and NYSE have broken down so that the only remaining trend intact is the one starting in 1994... however, to get to that trendline LOW is another 20-25% down! The FIRST support is another 300 point DOW sell-off. And, of course, another 20% off the DOW puts us in the 5,000 range... oops, wasn't THAT what we have been saying for the last YEAR???? Except during crashes, markets never get there in straight lines! So our scenario for the big bad bear is that it starts in REAL earnest in April 1998! BWDWK? Bill Take care!