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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (1706)	10/20/1998 10:54:00 PM
From: Tom Byron	Read Replies (2) \| Respond to of 81205

Searle: Beware of Sheep in Wolf's clothing.:) I've taken another look at the weekly s&p 500 chart with slow stochastics at bigcharts and at the cbs.marketwatch sites as of this Tuesday evening. Everything remains the same. We are missing a 6th wave down for the latest 38 weeks cycle for the financials. What greenie has done with his rate cut is to just have given the financials a higher place to fall from...he sees something coming down the pipe... and I believe it's my 6th wave....:) I thought that maybe I had skipped a beat in my count of the waves but going back 3-4 years on the weekly everything seems to be in place. It's late in the count. We are now 2 1/2 weeks price wise past the ending of the 38 week cycle (that's on a TIME basis.) Something has got to give. I still say: Down from here for the S&P 500... It could be a nasty downer but since the financials have been positioned high up there, we might just have high dramatics (say 1,000 points down) but still leave everyone in a quandry as to whether or not we are in a bull or bear market.....etc.,etc.,etc. (or also know as: blah, blah, blah).. Sitting on the sidelines; awaiting the word from Mr. Market. The Sayings Of Guree Tom (^.*)