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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (10821)	12/21/1998 7:20:00 PM
From: Jay Baca	Read Replies (1) \| Respond to of 44573

If market has 5 down days in a row in Dec. -- Rest of month up 3% or more. (98 had 5 down days in a row) Last 5 trading days in Dec. and the first 2 trading days in Jan -- up 1 1/2%

To: Patrick Slevin who wrote (10821)	12/22/1998 9:15:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

Interesting information May be we'll not have the usual rally this year -- looks like everything has been a little early this year; the usual October correction occurred in September and this rally has been going on for a bit. Would tie into the Favors view and the cycles that he mentioned. Unlikely that my system will be able to generate a sell signal today -- so may be if it dips enough, I'll look to go long for a day trade. I agree with Hegarty re the quality of this rally -- but that does not mean that we are not going to head higher -- though if the internals don't improve I suspect that we may be in the process of establishing a top of some significance.