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

To: GROUND ZERO™ who wrote (35822)	12/30/1998 6:17:00 PM
From: SE	Read Replies (1) \| Respond to of 94695

beginning of the next bull market Could you be clearer? Next bull for what, three months? Six months? Into the year 2000? ....or next bull run for a few weeks? Not trying to be picky, but just trying to understand your meaning. -Scott

To: GROUND ZERO™ who wrote (35822)	12/31/1998 3:21:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 94695

You are still long SPX? I have a long term fork plotted from '96 using the major high in December 96 and the April 97 low that seems to be doing alright so far. As of today, we are at the top of that top fork with a 1245 top a mid tine at 1200 and a bottom tine of 1145. Unless the DOW carries it up further, most stocks are over bought and the SPX, OEX and NASDAQ are all at resistance points. Only the DOW is lagging with room to climb. I was planning on going short the OEX with puts with a planned exit around 600. BWTHDIK Lee

To: GROUND ZERO™ who wrote (35822)	12/31/1998 6:12:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

GZ, You are right near term, based on my 4 day forecaster. And I think Lee's response to your post is a judgement call depending on where you want to place the fork's lines. Heck, I can get a peak of 1,400 easy on a semi-log plot with a July 18ths center tine termination... The internet mania justifies the abnormality in other stock pricing... how can THEY be bad when the internet stocks are crazy? With GE having another 10=15% to the upside possible within the next 30 days, it is a real hoot having such a smoke-stack company doubling every 2 years. Why heck, if GE can do it, then ANYTHING can! They may have repealed the laws of gravity, but I wonder if Boyle's law still is in place. If so, the next sound you may hear is a resounding "pop!" Bill