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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 (31050)	10/9/1998 5:45:00 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

Bill, It's odd that you mention an inverted H&S, I already see one in the DOW and we're right now completing the second shoulder. The head is the price low made last month and the neckline is downward sloping. Do you see it? I noticed it and find it curious. The SP's may just put in a double bottom and form a W bottom if this rally is real. The NAZDAQ has more work to do, but it could also rally with the others and then form a double bottom when the others correct down again. All the indexes have completed a measured move down and are ready for a respectable rally. Expiration may rally these markets, everyone selling the puts they bought last month. GZ