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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: W. Clinton Terry who wrote (4828)	1/16/1998 7:30:00 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 42787

Clinton, I think the rally is probably due to a combination of things, including expiration. When I checked mid day and heard the DOW was up 93 points, I thought I was about to get my clocks cleaned. But, I love the close, the sell off should continue on Tuesday. If you can picture a ball tossed into the air and now teetering at the apex of its toss just before it begins its return downward to earth, this is how I think the DOW is behaving. The longer it hangs here, the bigger the fall. If you look at the weekly chart, we had an outside reversal week, the next week had a lower low and lower high, I expect this coming week to have still lower lows and lower highs. My indicators are still pointing lower. Have a great long weekend. GZ