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

To: Death Sphincter who wrote (34026)	11/19/1998 9:17:00 PM
From: bobby beara	Respond to of 94695

>>>lets watch that guy, cause he may also be telling us something about the broader market at that time<<< EXACTO - SHREAD time! Fly the America on-line Flag to the top. I du believe that 7/20 was the top of wave 3 from 94 lows and that we will have a double top or a marginal new high in the major indexes. The 9 month cycle low will be a foolie and not a confluence of cycle bottoms as many are counting on, and the 4/8 year cycle low will be in January. May the force be with you. bb

To: Death Sphincter who wrote (34026)	11/19/1998 9:27:00 PM
From: bobby beara	Respond to of 94695

Carl, check out the minor change readings in breadth over the last 5 trading days. decisionpoint.com We are in for some volitility. I believe we've seen the breadth thrust in the internets over the last couple of weeks, now we should see the price thrust in the majors after this pullback. If you could get AOL @ 70 I would load de boat bb

To: Death Sphincter who wrote (34026)	11/21/1998 11:49:00 AM
From: bobby beara	Read Replies (3) \| Respond to of 94695

Carl, hold onto your jock strap, it looks like Friday's action is pointing for another upleg. decisionpoint.com Notice the indecision in breadth over the last week around the zero line, then the turn up on Thursday and Friday and the jump is right off the trendline from the splke low on 9/1. I believe this worked off the overbought condition. The market has been doing a good job of turning august and september resistance into support. I expect it will do the same with July. The VIX spiked down late last week after a little correction, I believe we will have to take out the April/July low in the VIX before we see any kind of top. Elliot reads of this leg up are proving to be useless. bb