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

To: Arik T.G. who wrote (35865)	12/31/1998 10:23:00 PM
From: robnhood	Respond to of 94695

<<<Cobra (Hurricane is Coming!) ID#34459: Copyright © 1998 Cobra /Kitco Inc. All rights reserved The Dow had a Fifth wave failure this past Tuesday, the 29th. From an Elliot Wave perspective, the failure to make a new closing high is significant. The closing action in the last 30 minutes of trading today should have set off alarms with all of the chartist. The Dow has completed all of the waves required to call it a complete top. It has been said here before but all one has to do is look at the dailey, the weekly, the monthly, the quarterly, and the yearly charts to see the sequences. When this profit taking episode gets underway, it may noy come back from the depths that it sinks to. The dow must rally or else it will fall away rapidly. Methinks the game is over. The Tulips are going to be Shorn and cash and Gold will be in fashion PDQ. >>>> homepages.enterprise.net