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


To: GROUND ZERO™ who wrote (33356)11/9/1998 3:28:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
GZ, If Friday was turning day (21st trading day from the bottom) another interesting fibo relationship here. A .382 pullback on the OEX would put us smack dab on support and the bottom of wave 4 @ 519.

Put/call ratios bearish today.

bb



To: GROUND ZERO™ who wrote (33356)11/9/1998 3:47:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
GZ, I believe we are seeing a fifth wave blow-off today in EBAY

Wave 1 IPO opening
Wave 2 October 8th bottom.
Wave 3 Five wave advance into 10/27
Wave 4 abc flag pattern
Wave 5 today (and maybe follow-thru tomorrow) 14 points up right now.

I believe Yahoo will touch the tips of the trendline off the april and july peaks today.

bb