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Strategies & Market Trends : The Great B.K. Game -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (85)6/12/1998 7:56:00 PM
From: bobby beara  Read Replies (1) | Respond to of 1188
 
David, agree this is much like January 12th. Today was a capitulation and reversal bottom.

>>t'll be just like late January/ early February all over again.<<<<

What is your read on the N225 and the XAU. They have extremely similar charts. I believe the amount of bearishness in SEA and Japan may have marked a short term bottom on the N225 also. It's sitting right on support and believe it will hold and bounce from there next week.

I'm still sticking with this being a wave 4 correction and this last leg up will be it. The a/d line, I think is starting to mimick the 87 a/d line.

Here is a post from a guy whose been around for a while and I agree:
Message 4840040

Rubin revives SEA, and makes the effort to kill the deflation scenario. I think this liquidity pump will be short lived and we will just pay the consequences at a later date.

4 year cycle lows:
august 1982
sept 1986
oct 1990
nov-dec 1994
dec98-jan99?

Will be updating the game results this weekend.

bb



To: Bull RidaH who wrote (85)6/12/1998 8:28:00 PM
From: bobby beara  Read Replies (2) | Respond to of 1188
 
Dave, here is one to contemplate.

10/8 983 high
10/28 855 low

128 difference + 983 = 1132 (rounded up, our recent high)

1132 April 22 high
1075 (avg the 1076 and 1074 lows)

difference 52 + 1132 = 1184 projected high.

comments?

bb