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

To: bobby beara who wrote (33417)	11/10/1998 11:25:00 AM
From: yard_man	Respond to of 94695

>>Trannies never took out their resistance, so we never got a dow theory buy signal and some of the airlines had gap reversals yesterday.<< Good observation, bb.

To: bobby beara who wrote (33417)	11/10/1998 12:15:00 PM
From: Greg Jung	Respond to of 94695

Even more bizarre today is the Nasdaq loser #3 is only 11% down: FLC -1 11/16 -10.93% and the heaviest loser is PAH at -18.7%! The small-cap revival is at hand, funds are buying into some trash and you can see the ensuing celebration: eq VIAS, XICO. Except for Dell (#1) and Cisco (#10) the top volume is in the internuts; 16% or so of trades are in the leader boards. The market has been overtaken by a maniacal mob leveraged on thin air. Greg

To: bobby beara who wrote (33417)	11/10/1998 3:01:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

bb, There is evidence of weakness here. The advance declines are pretty negative, about -800 right now. If this continues, I'll get a sell within a few days. But, I still need more evidence before I can place that sword into this bull again. GZ