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

To: Mike da bear who wrote (32152)	10/22/1998 5:52:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

MDB, quote.yahoo.com no surprises here. From a TA standpoint, CCE has broken through Gann and Fib fans, Fib arcs and is at a Fib and Tirone retracement level. If it makes it through here, it ought to get back to it's old levels in the low 40s. The rainbow oscillator is showing temporary weakness coming up, but I don't think I would hold onto that short too long... when I bought puts on it a week ago, it was showing weakness and not strength and it was underneath many of those TA resistance levels. Also, my new indicator showed weakness where it is showing increasing strength now. My opinion is to watch that puppy VERY closely and get out on any close above 36... Could be a good play (I wouldn't do it) but as for me, I'll try BA. Bill