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

To: donald sew who wrote (31789)	10/16/1998 9:28:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 94695

<Lets say the market TOPS off and pulls back in the next few days, the pullback should not be huge. Then a retest of the highs, forming the DOUBLE TOP, then a strong selloff. As for timing, that could all occur by the end of next week.> I don't think 6 trading days is nearly enough time. I think this cycle would likely last at minimum a month which is about the length of the last three big waves (trough to trough) from July 17. But that's just guesswork with no real theory. David