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


To: James F. Hopkins who wrote (21113)7/1/1998 7:07:00 AM
From: William H Huebl  Respond to of 94695
 
Jim,

The trading pattern is a couple - 5 moves up and couple - 5 moves down. Even into the end of the month although Jan was different this year.

If we ARE in a broadening formation on the DOW, our next move should carry us to the low 8,000s AND THEN back up into the mid-8,000s AND THEN the BK TO AT LEAST THE 7,500.

Unless the IRAQ thing is the bearus interruptus which throws off the broadening formation...

Bill