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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (2937)	7/16/1998 7:58:00 PM
From: Thomas C (Hijacked)	Respond to of 5676

Well I hope you are right becasue I am tired of waiting to buy at cheap prices!!! (angry bear) What concerns me though is that the rally in big caps could continue for quite a while even though the Advance Decline line is looking bad. I think in 29 the A/D line diverged from the Dow for almost a year before it cracked. So maybe this divergence could continue for a while... Incidentally I am curious to see if we soon enter another down period in prices because if so then it would complete the Bearish Divergence I was talking about before. But it would indicate we have a TRIPLE Bearish divergence forming instead of just a regular bearish divergence... Plus, while new highs are advancing they are certainly not breaking away above the 300 to 400's. You can sort of see the triple bearish divergence in the new highs/new lows too Tom