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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 (31080)10/10/1998 7:32:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Bill,

Good morning, if this slanted inverted H&S happens and we rally, the measured move for the DOW is a retest of the 9300 level. I don't know how that could happen in this economic climate, but that's what the chart indicates. Heck, we'll see, we have more time than money, as they say.

GZ



To: William H Huebl who wrote (31080)10/10/1998 8:25:00 AM
From: Vitas  Read Replies (2) | Respond to of 94695
 
Hi Bill,

So far this market is acting almost exactly like the 1990 4 year
cyclical bear market. Yesterday = October 1, 1990.

That doesn't mean that it will continue that script, but we should now be in the process of short rallys and retests, and if it holds, there
could be a bottom in the making. Take a look at other 4 year cyclical bear market correction bottoms.

Vitas


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