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To: Thean who wrote (1565)8/5/1998 8:04:00 PM
From: Lucretius  Read Replies (3) | Respond to of 14427
 
Thean, we are likely to rally (mostly churn and go nowhere but rise a few hundred points or so) for a week or two (maybe 3) in order to set up for the next big slide (I was in fact hoping for some sort of rally today as mkts generally have a failed rally before going off a cliff). About the time CNBC says the turmoil is over and we can now move higher after some large up-day, we reverse and HEAVY selling starts. If history is any judge this rally will look real enough from watching the averages and the A/D line may even improve somewhat but don't be fooled. This rally should be shorted. The bull is dead.

-Lucretius