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To: SE who wrote (13062)1/18/1999 11:57:00 AM
From: Chip McVickar  Respond to of 44573
 
Scott,
I've given up on a lot of the "prognostication business"
And attempting to predicte market moves.....
But it never hurts to pay attention to broad theories.

However....responding to technical indicators that one has confidence
in, now appeares far more responsible. Even if one misses some part
of a substantial move.

Statistical evidence as just presented does have some built in expectencies,
but not guarantees. Also why not go up....a crash is a crash....?

Who Knows....
Tomorrow night Clinton may pull a rabit out of his hat and fix SS with
money into stocks.
Dow 10K would be a day or two away and it might not stop there.....

But this period end of Jan99....is filled with turning markers.
Isn't there also a Bradley turning point on the 8th as well....?
And a Gann Date.....remember reading that some where.
Probably Patrick
Chip