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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (16760)	10/18/1998 6:14:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

But how can it have an upside bias with the SP at a PE of 25 and the worst earnings in 7 years?????!!!!!!!!

To: Judy who wrote (16760)	10/18/1998 11:29:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 42787

Judy: Favors has been sliding of the mark with his analyses lately... We saw the same thing happen to Robert Prechter and others over the years... This implies that he's locked into his technical indicators without seeing the obvious impact of lower interest rates and coordinated worldwide rate cuts... the next cut should come from England... Germany will be the big surprise that will cause the next international up leg soon... Jim

To: Judy who wrote (16760)	10/19/1998 9:46:00 AM
From: Chris	Respond to of 42787

solely looking at sp500, it didnt take out the 1064 resistance formed by the top on 9/25. looking at dow, you have a big trendline that has not been broken yet: connect highs of 5/14/98, 6/8/98, 8/25/98, last friday's high. have to go to work. had to spend time with family yesterday, so my lack of posting. will email seminar to those that replied..