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

To: Bull RidaH who wrote (13506)	1/26/1998 11:57:00 AM
From: Jumper	Respond to of 94695

However, it hurts like h*ll when you slide down those flag poles. (eom)

To: Bull RidaH who wrote (13506)	1/26/1998 12:25:00 PM
From: Lazarus_Long	Read Replies (2) \| Respond to of 94695

1. Clinton 2. earnings 3. Asia And you find bearishness hard to understand?

To: Bull RidaH who wrote (13506)	1/26/1998 2:21:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

Hi David, Great post. Just for the record, flag poles fly at half mast only at sea when they fly atop the center mast of tall ships. On land, they fly at half staff. Of course, this doesn't effect your analysis one bit. Remember, the Broncos won the Superbowl and women's hemlines are lower this year. How can you ignore these significant and overwhelming indicators? Happy trading. GZ

To: Bull RidaH who wrote (13506)	2/2/1998 9:14:00 PM
From: contax	Read Replies (1) \| Respond to of 94695

>>To determine the target of a flag formation, one needs to measure the "flag pole", and add the length of this flag pole to the breakout point of the parallelogram (today, broken at roughly 965). The 1/12 low was 917.7, and the 1/20 high was 982. This gives a flag pole length of 64 points. This added to today's break out point yields a highly reliable target of 1029 on the march S&P Futures. Oh yes, and one more thing about this type of formation: They don't mess around taking time to fulfill their targets!! Should happen in the next 6 trading days!! The wall of worry is stretched high to the sky!! Get ready for some climbing!!<< David, That was one hell of a CALL on Jan. 26th.!!! Wish you would post more often on this thread... A lurker, I will take this opportunity to thank the regulars here, Bill, Haim, Bonnie, GZ, Jim and others for a wonderful discourse on the daily vagaries of market action(s). Regards, Karim