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Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (543)	1/20/1998 7:19:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 745

Good morning GZ Well....looks like we are heading higher short term. As PK said....sentimemt is not there for a big fall....mob wants it to go higher. However, any signifacant news out of Asia will turn this market on a dime. General public is becoming more aware of the serious condition of Asia and Japan's vulnerability. BWDIK Good Luck this week. Chip

To: GROUND ZERO™ who wrote (543)	1/20/1998 7:40:00 PM
From: bearshark	Read Replies (1) \| Respond to of 745

Hi GZ: Here is something you might find amusing. CSCO appears to be ready to break out of the top of a symmetrical triangle (coil). The volume was not perfect as the pattern formed but it still looks valid. As it is approaching the top of the triangle, volume is now increasing. It had a fine day today. By eyeballing the pattern it looks like a 4 or 5 point pop on higher volume is required to confirm the move. What strikes me as amusing is that we have a 50+P/E stock trying to break out and move higher. I wonder where it thinks it is going.