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

To: GROUND ZERO™ who wrote (33329)	11/9/1998 9:33:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 94695

GZ, if the move up from 10/8 is five waves we may have made or are near a completion where wave 1 from 10/8 roughly equals wave 5 (on the OEX). That relationship existed from the October 97 lows (leg 1 to 12/8 and leg 5 from 6/15 to 7/20) Very oversold long Bond RSI went below 30 for the first time since 7/17. There might have been something of a capitulation bottom in the bonds last week. Might be a good spot to watch for a reversal in both markets. bb

To: GROUND ZERO™ who wrote (33329)	11/9/1998 12:55:00 PM
From: Gersh Avery	Read Replies (2) \| Respond to of 94695

Hi GZ .. Haven't heard from you today. Just curious, did you cover that bond short yet? Gersh