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

To: Kip518 who wrote (32328)	10/24/1998 4:18:00 PM
From: Darrin Vernier	Respond to of 94695

Kip, You posted a subscriber only page. Not complaining, just making sure you know most of us couldn't read it. Good trading to you. Still watching those EGGS? Darrin

To: Kip518 who wrote (32328)	10/25/1998 12:29:00 PM
From: Thomas C (Hijacked)	Respond to of 94695

Another thing I just noticed on the Nikkei top in 1989, there was also a rising wedge there before a further big drop. We have a rising wedge now soooo..... And interesting to note that Greenspans timing of his second rate cut was within the end portion of our rising wedge which is consistent with the formation (ie. last gasp rally near the end). Apparently Greenspan only want to make these surprise cuts during a rising or uptrending market because he doesn't want to be viewed as "propping up the market". So I wonder if he would make a cut during the next severe downdraft? hmmm. tc