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

To: Death Sphincter who wrote (32867)	11/1/1998 1:00:00 AM
From: Thomas C (Hijacked)	Read Replies (3) \| Respond to of 94695

Hey guys, I think Dell and Cisco a.k.a. Nasdaq are ripe for another crash.... I was just looking at their OBV (On Balance Volume) relative to prices. I think the interpretation should be rising price peaks should accompany rising OBV peaks. Well guess what, Dell is almost at a new price peak, but OBV is MILES behind. This spells divergence to me which means its soon time to dive...... tc

To: Death Sphincter who wrote (32867)	11/1/1998 1:55:00 AM
From: Jay8088	Respond to of 94695

Thanks for your helpful reply. Much appreciated.

To: Death Sphincter who wrote (32867)	11/1/1998 5:32:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Carl, I don't think wave 3 was extended. If you look at the moves out of the previous 9 month cycle lows of 4/12 and 1/12. The fifth wave into the 8/6 and 4/23 peaks were extended. After looking at the OEX chart I believe the retest of 520 neckline on 10/28 was enough and the double bottom on the chart projects to 578 on the OEX which I believe we will acheive by mid-late November - I like 11/17 for some reason -g-. bwdik, bb