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

To: yard_man who wrote (37090)2/4/1999 12:01:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 94695
 
Tippet,

V's made right off a peak are extremely ominous, as we've seen many times with Oct. 97 being the best example. For another excellent example, check the 8/18-8/24 1998 timeframe, as that V proceeded the greatest multiday slide we've seen since '87.

Regards,

David




To: yard_man who wrote (37090)2/4/1999 12:02:00 PM
From: Death Sphincter  Read Replies (3) | Respond to of 94695
 
notice also how in 97 after the Aug 8th selloff that the NAZ and S&P went on to new highs and the DOW was an anchor....look familiar?
it is not a good thing when the backbone Goliath smokestack DOW companies are lagging

carl


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