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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (10877)	12/1/1998 10:34:00 AM
From: Sergio H	Respond to of 29382

Well said DD. I agree. Just holding special situations. Amigo Sergio

To: Ditchdigger who wrote (10877)	12/14/1998 8:24:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 29382

I see the guru's on CNBC are now talking divergence,here's a good example. From my post on Dec. 1 "I told myself on the first hundred point drop on the DOW(for the recent run),I'd step aside,I did..be careful out there...DD (Dow 9116.55/Nas1949.54) Dow currently 8821.76-difference of -294.70 Nasdaq 2029.31, difference of + 79.77 If we apply the multiple of 5 to the Nas-conversion to 398.85 DOW pts. Since Dec. 1 divergence of 693.55 pts.,most(or a good portion<g>) of which is made up of the big 4 ...just playing with the calculator.IMO,if the big 4 crack,we could see some pretty good downside movement...later DD RJR laying off 1300 and taking a charge of 300mm+