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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (754)7/20/1998 11:21:00 AM
From: bobby beara  Read Replies (1) | Respond to of 3339
 
Nevermind that double top @ 1188, we are going to 1205 by tomorrow.

In the last weeks II survey bears dropped from 30% to 24% in ONE WEEK. Remarkable sign of capitulation at the top.

bwdik,
bb



To: Les H who wrote (754)7/21/1998 9:23:00 AM
From: Terry Whitman  Read Replies (2) | Respond to of 3339
 
NASDAQ currently @ 2014, +17% over 200 day MA.
quote.yahoo.com^IXIC&d=3mm

That's my official sell signal. See post#38

It worked in April. I expect it will work once again. This move is awfully strong this time though. We may get to +20%. Upside is definitely limited in the NAZ. Long money now should be only in the DJI.

Chart of NSCP starting to look like a good short play. Will wait til current rally peters out. Whadda ya think?

TW


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