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

To: bobby beara who wrote (27312)	9/10/1998 8:47:00 PM
From: Brad Bolen	Read Replies (3) \| Respond to of 94695

OK, funtime....lets hear some of you folkses go out on a limb. Calls for tomorrow. (Your reputation is safe. You won't be held responsible. ;-) I say, small rally in the morn. DOW off 80 at close. B.

To: bobby beara who wrote (27312)	9/10/1998 9:24:00 PM
From: HairBall	Read Replies (2) \| Respond to of 94695

bobby: I am looking at ALL the indices - a countertrend parallelogram, and I believe we have the same BEAR COIL and tomorrows top will the the 5th leg top. Draw me a picture! Day theoretical chart? Day actual chart? Intra day actual interval chart? Or is this what I am calling (actual day chart) bear flags? Regards, LG

To: bobby beara who wrote (27312)	9/10/1998 11:26:00 PM
From: set	Read Replies (1) \| Respond to of 94695

> a countertrend parallelogram that it is. I should have seen it before today, but I guess they have to make it obvious for me. It would be fairly difficult for this to break out to the upside, as the thing is quite steep to begin with and can go all the way to 1040 without being violated. On the other hand, the bottom keeps moving up, so breaking out to the downside gets easier as time goes by. I like it. A rally tomorrow will resolve the oversoldness of the a lot of stocks, and then we're free to go down, or so I judge.

To: bobby beara who wrote (27312)	9/11/1998 6:52:00 AM
From: GROUND ZERO™	Respond to of 94695

bb, Agreed, it does look bearish, but I'm picking stocks that are decent to me, I'm not trading the index. On any rally, these companies should turn up nicely. Everything is down, the good, the bad, and the ugly; including the one's that got sold off by mistake. Be discerning and selective. Being patient also helps. GZ