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To: C Hudson who wrote (22120)	10/21/1998 11:42:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 116768

Hud, the chart pattern on the Dow looks from 7/20/98 to now looks like a much larger duplicate of the chart from 10/8/97 to 10/21/97. How's that for an anniversary. Something I posted on another thread about time symetry. last falls correction had 3 equidistant tops 8/7 - 10/8 - 12/8 two months apart. if we stretched that to this period we would have 3 month periods. 4/22 - 7/20 - 10/20. The vertical overextension of the indexes right now is very fragile and highly vulnerable to a news event. Just as last October's was to the Hong Kong crash. The bull market built out of Jan 12 low was a gradual build up as scared investors came back into the market slowly. Not now. Panic buying the dip. Panic Panic Panic - It goes both ways. bb