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

To: Bull RidaH who wrote (13536)	1/29/1998 8:35:00 PM
From: bearshark	Read Replies (2) \| Respond to of 94695

David Plonk: Below is an interesting site. Unfortunately, it lacks the volume to go with the charts. When you get there, take a look at the formations. When you go as far back as the October selling climax, you will note a series of ascending triangles--or very close to it. However, the DJI has a symmetrical triangle pattern. At this point, a number of the indices appear to be breaking to the top on high volume. I think I remember the DJI, DJT, and SPX in that condition. If you believe indices can be charted, this is awesome. However, the move is late in the formation--so watch out for the end run. Even the OSX appears to be changing its trend. I am glad to see you understand the value of the ARMs. timely.com