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To: TLindt who wrote (6388)7/29/1998 11:22:00 PM
From: AugustWest  Respond to of 8545
 
>>Like I've said privately to some...I'm fearless buying this on a dip.

Yeah, and I'm getting broke. So enough with this camel. Let's kill and bury it. If we hold on to 24-25, than does that shorten the cycle? Maybe up to earnings or the completion of Genesis?



To: TLindt who wrote (6388)7/30/1998 12:06:00 AM
From: g_m10  Read Replies (2) | Respond to of 8545
 
Charts can't look better after the last correction:
tscn.com
Rising tops, rising bottoms, flat top. A good place to park money and wait for a lift off. If it hits $22, I'll take money from Visa to buy more.
I'm not sure about 5-7 days though. It may take longer for the market to shed some fat. I don't think Dow has seen the bottom yet.
Asia worries are already built into market, earnings are mostly behind, zipper-gate is a non-event, except may be for a couple of days. Market itself needs some more fat trimming. I'd feel better if it drops 200 more points down and bounced couple of times at the bottom.



To: TLindt who wrote (6388)7/30/1998 1:09:00 PM
From: TLindt  Respond to of 8545
 
>>>look at the charts..flat top trading.

No what I was referring to was the last 2 days of feb and the first 7 of march, then the last 5 of may and the first 5 of june.

Flat Top, can't break out...goes flat on the upstroke. Just some trival B.S one of my 'staff' came up with last night. Between dave_s and his line drawing, my Flat Top, A.W. and his want to kill this Camel, I think we are all going stir crazy.....