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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (797)	12/7/1998 5:14:00 PM
From: Jerry Olson	Respond to of 99985

HI Bill Actually based on my P&F "expert"<g> opinion...we're going a lot higher than 9500 pal... Here's the read...the SPX needs to print 1195, another double top(DTB) buy signal...1190 is hard resistance....we blew thru IKe's 1180 res.... looking at the DJIA index, it's lagging the SPX buy about 3-400 points...it just reversed up 3 boxes...it would have to print 9400 to be a DTB signal... all in all Bill a very bullish senario, with so much cash on the sidelines looking for a home... the big cappers are flying... MSFT A BSB ( blue sky breakout) when it printed 132 today... LU-LU WOW broke a quad triple top at 92!!!! going ballistic... CSCO needs to prints 81-82 then see ya later alligator... DELL--69 breaks a DT, for a second buy signal, it must print 74, to be a BSB and would run to 110 within 90 days or so... i love this market...i know you do to.....:>}