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Strategies & Market Trends : MOON TRADER -- Ignore unavailable to you. Want to Upgrade?

To: RangeRover who wrote (87)	10/29/1998 11:51:00 AM
From: Allan Harris	Respond to of 808

Was Arch on today? If so, did anyone see him and what did he say? Cautious until mid-Nov, then Bullish. A

To: RangeRover who wrote (87)	10/29/1998 12:53:00 PM
From: Thomas M.	Respond to of 808

Mark Haines really butchered the interview. When they pulled up a chart of the Bradley indicator, he said that it didn't look very accurate this year, when in fact the Bradley indicator has been eerily accurate. Arch mentioned that Jerry Favors talks about it a lot on his Friday afternoon spots. Haines then mumbled something about Elliot Wave Theory. Arch had to explain to him that Favors uses many techniques. Regarding technicals, Arch said that when the market got extremely oversold on Oct. 8 and bounced, not all of his indicators gave buy signals. Also, he cited the weak volume during this rally. He also mentioned the lack of a 9:1 up/down volume or advance/decline day. Astrologically, he cited some weakness (possibly even a crash) into next week, but then the Bradley indicator bottoms, and it's clear sailing. Tom