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

To: Vitas who wrote (18609)	5/16/1998 11:25:00 PM
From: bobby beara	Respond to of 94695

Vitas, my call is for a May 28th peak and 55 days from that would be July 23rd. Right in the heart of 2nd quarter earnings period. bwdik, count bobby b

To: Vitas who wrote (18609)	5/17/1998 11:58:00 PM
From: Berney	Read Replies (1) \| Respond to of 94695

The Number 55 From John Murphy's (Technical Analysis of the Futures Market): "We haven't said too much about the aspect of time in wave analysis. There's no question that Fibonacci time relationships exist. It's just that they're harder to predict and are considered by some Elliotticians to be the least important of the three aspects of the theory. Fibonacci time targets are found by counting forward from significant tops and bottoms. On a daily chart, the analyst counts forward the number of trading days from an important turning point with the expectation that future tops or bottoms will occur on Fibonacci days -- that is, on the 13th, 21st, 34th, 55th, or 89th trading day in the future. The same technique can be used on weekly, monthly, or ever yearly charts. ..." An interesting TA subject! Berney