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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 (22026)	7/21/1998 8:19:00 PM
From: bobby beara	Respond to of 94695

The premium doesn't mean squat if you buy it and sell it in one or two days, just as long as they don't lower the premiums during the day. I've been re-charting my wave counts and I'm pretty sure that the buy the dippers are gonna be convinced this is a buying opp and push the indices to new highs ON EVEN NARROWER breadth. This will shake more shorts out of the equation and set-up the nice downdraft that will follow. Here is another important fibonacci day 7/26 (7/27 trading day). I'm putting a bottom for the ABC nasdaq correction on 6/1 (55 days). You'll notice a lot of the internets bottomed around then. That is also a peak day on the spiral calendar according to Carolyn (spelling). That could be the final top. bwdik, bb

To: James F. Hopkins who wrote (22026)	7/21/1998 8:48:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 94695

Date NYSE NASD NASD 100 R2000 SP100 S&P400 S&P500 7/20/98 -16.5% -13.5% -15.5% -10.7% -34.7% -20.2% -24.1% 7/21/98 -40.9% -33.0% -50.5% -43.3% -64.2% -65.9% -60.6% This is the Adv Issues less Dec Issues divided by Total Issues. Jim, one of the strongest moves down using this analysis that I have seen. Similar to 4/7/98 4/23/98 & 5/26/98. No divergence here! :-)) They took no prisoners. Monty