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

To: GROUND ZERO™ who wrote (33520)	11/11/1998 6:52:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 94695

GZ, internets blasting and reversing, internals weakening, 53% II bulls, put/call ratios in bear territory. I believe my wave 5 call on the OEX was precise and Friday was the top. I believe this may have been the momentum peak of this rally. churning pullback, then a blast to the price peak, a possible double top in the indexes or marginal new high. Don't like that the transports failed to give a dow theory buy signal. Bear market rally, too much speculation, no base building. bwdik, bb