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

To: ViperChick Secret Agent 006.9 who wrote (20175)	6/12/1998 12:34:00 PM
From: ratan lal	Respond to of 94695

Lisa yes its Jerry Favors. Here's what he says The still more important the Gann weekly Chart turned up on Monday on the rally above 9057.50 intraday in the Dow. As long as the Dow holds above 8749 on a print basis and 8719 intraday on the next correction we would look for new highs. However, any decline below those levels from here on will be a serious negative signal and suggest a sharp breakdown could follow. . Well we broke the intraday low of 8719. Dont know where we will close. My guess is below 8749. SO SHARP BREAKDOWN per JF ratan