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


To: HairBall who wrote (22988)8/2/1998 11:13:00 AM
From: bobby beara  Respond to of 94695
 
Ok I'll take that down spike, I'm short right now.

iqc.com

An alternate count would put wave one ending on 7/28 and ABC wave two correction and wave three began on Friday with a possible target of spx 1010-40

You can also draw a symetrical triangle on this chart with the apex around 1130. The triangle resolved itself downward on Friday and we could have some snap back behavior to the apex area and failure there.

It just scares me and my shorts when I see so much bearishness -g-

bb wannabee