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To: The Perfect Hedge who wrote (22102)10/21/1998 6:59:00 PM
From: goldsnow  Respond to of 116766
 
bloomberg.com



To: The Perfect Hedge who wrote (22102)10/21/1998 7:06:00 PM
From: bobby beara  Respond to of 116766
 
B. good question, don't have a real answer. There are plenty indicators that show the bull market has resumed. The breadth momentum thrust as indicated by all time high readings on the McCllelan Oscilators in a bull market are indications of a new upleg beginning - along with the bottoming of the summation index.

In a bear market this reading would be a bear market top (as the high reading on 9/23 was) and should initiate a fairly steep reversal within days.

I guess if we go sideways or just have a minor correction for the next week or so we have resumed the bull market.

bb