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

To: William H Huebl who wrote (27726)	9/13/1998 2:49:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

Caught an interesting little bit in our globe and mail this morning.... Paul D Phelan, is selling stake in food concern to other family members... "I think we are in the first stages of a bear market, and with the year 2000 coming up , I think it's going to be more serious than people have experienced or can understand, and therefore I just want to be in cash." Hmmmmmmm,,,russell

To: William H Huebl who wrote (27726)	9/13/1998 2:52:00 PM
From: Follies	Read Replies (1) \| Respond to of 94695

This is from the Temple Williams web site. Check out his record, he has been doing well. BTW How come he hasn't posted here since 8/3? Clearly, the Bull is running out of space and time. The Alternate Count remains alive. But just barely. The Preferred remains the most likely scenario. The bullish Alternate can still make a charge. But it has to do it today, or give it up. The Alternate Count would move powerfully higher, with a break above 1060 Cash SPX after a series of 3rd wave extensions. If that break occurs, the averages might break through 1100.00 Cash SPX by Friday afternoon. This series targets new, all-time highs before the end of September. 4:08 p.m. Market Closing Comment from yesterday: I think we completed the "a" of the "a-b-c" of "2" of "III" at the close. Much of tomorrow should be a "relief rally" ... but we could easily start with a gap lower. If we do, then I think that gap will be filled. I might even try a Spike & Strike G-Trade "buy" if Globex sets it up overnight. Once we get into the "3" of "III" ... which I expect on Monday (maybe it starts tomorrow late) ... then the downside slide will scare the pants off a lot of people. All assuming that the Preferred Count is correct. The Alternate Count? I dunno. I gotta do the charts. It may have a smidgen of life left in it. Trade safe. Trade great. See you tomorrow. skansearch.com