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


To: Monty Lenard who wrote (29444)9/29/1998 10:05:00 PM
From: Vitas  Read Replies (1) | Respond to of 94695
 
For that, see:

Message 5795795

The percentage play here would seem to be shorting at the highs of the day of the second of the month, after the seasonal month end, first day of new month strength. Now if I could only get a hold of that broker that Donald Sew uses to put in a "short at the highs of the day" order <ggggggg>.

The rut/spx is still under the down trendline going back to May, so no help for bulls there.

Vitas



To: Monty Lenard who wrote (29444)9/29/1998 10:12:00 PM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
50 crosses 200 on SPX manana.

On a closing basis the weekly chart we have made right shoulders with October highs on the NYSE and the Nasdaq.

Flag is flagging and the news is out and time to sell Yom Kippur -g-

bb