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

To: Vitas who wrote (36297)	1/12/1999 11:18:00 PM
From: Bull RidaH	Read Replies (2) \| Respond to of 94695

Vitas, Don't worry.... We have a Greyhound station here!! <g> Actually, you were right about me. I've held my longs, and have made enough on the winners (ETH, NDB) to pay for the losers (COL,C) plus have a little left over to pay green fees when a certain Greek fellow comes straggling into town. As for Carl, I think he's remained long too, but has his finger on the velcro release button and is ready to free-ball once the glue supply runs out on this rally into the end of the week. The upwave I guessed would run through the end of the week appears to have ended near the open on Monday. We've nearly completed a small 5 wave move down which we'll label Wave 1 of a larger 5 wave move down. After a little more selling in the a.m. possibly, it appears as though we'll get the Wave 2 up in this larger 5 wave set over the next couple days. It can go no higher than Monday a.m.'s high. When that rally terminates, it's time to go aggressively short for a Big wave 3 down that will take the Dow below 9380 (exact number to be determined once the top is in on this Wave 2 rally). Looks like the setup for a L-T long entry will come in just a few weeks. Once I buy my longs, I'm retiring for a while as a daytrader and will be travelling the country and visiting all my millionaire friends from B.K.! ;o) Regards, David