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


To: Bull RidaH who wrote (35456)12/19/1998 4:55:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 94695
 
Sorry my streak had to end with you, but some things just never change. <ggg>>>>>>>

I must be a jinx ;-)

If I hear one more time from CNBC that the market doesn't like uncertainty, I am going to puke.

Naz going to new highs while we bomb Iraq and Saddam will just continue on until he croaks,
Clinton gets impeached,
Republican Party has no leader because two have now resigned
and on and on and on.....

The one thing that made sense from Clinton's speech today was that the American people may be thinking Washington is coming apart at the seams
Well DUH!

but he should have added...they don't give a damn because the market is making new highs and they are making money hand over fist in their retirement account



To: Bull RidaH who wrote (35456)12/23/1998 3:02:00 PM
From: Arik T.G.  Respond to of 94695
 
exchange2000.com



To: Bull RidaH who wrote (35456)12/23/1998 10:37:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 94695
 
>>The following action from 11/27 to 12/15 would be labeled wave 2, and from 12/15, we would have begun a powerful 3rd wave up that could lift us to the moon (exact number TBD later)<<

The first serious target is about to be achieved at 1236.3 SPX, based on the upside break of the megaphone from 11/27-12/15. We should get a nice pullback from that area (1236), and at this point, I'm not sure how long that area will serve as a ceiling. If and when it is broken, the monster climb will continue. 1193-1198 SPX will now serve as critical support, with buying dips near that area a good idea, and stops placed at 1186.

David