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

To: Bull RidaH who wrote (17482)	4/28/1998 1:45:00 AM
From: ratan lal	Respond to of 94695

David Thanks. Harpoons ready and waiting to fire !! ratan

To: Bull RidaH who wrote (17482)	4/28/1998 8:38:00 AM
From: RWS	Read Replies (1) \| Respond to of 94695

Dave Thanks for the acknowledgement. You have a lot of character for an EW nitwit. !ggg! I'm thinking of scalping a small call position today for a wave 2 bounce to 1100 area over next two days. I think there'll be a lot of soothing talk now to calm the public, talk the market up a little, to prepare for next wave of selling. European markets are in same position as ours, bloated, and need deflating. The asset inflation in stocks is biggest threat to economy. The powers that be want to bring it down without a rate hike and without a crash, which requires a very tricky psychological game of chicken with the maniacal stock-buying public. Removal of circuit breakers on market was an important part of the plan, as are threats of rate hikes and withdrawals of threats of rate hikes. More to come. Remember the Chinese curse: May your life be interesting. RWS