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

To: Death Sphincter who wrote (37933)	3/3/1999 10:22:00 PM
From: John Pitera	Respond to of 94695

CH, you speak the truth, the danger of this bull pulling another one of these maneuvers is always present. geocities.com

To: Death Sphincter who wrote (37933)	3/4/1999 12:42:00 AM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

fish in a barrel...no brainer Message 7184159 this thing is so easy it makes you think twice if its real last August a big deal was made of the decline from July with no rebound.....well this decline on the NAZ was even bigger until the bounce to 2400 and it ain't done yet, just like last August big guys getting slammed...yes there will be short covering and a bounce with some dip buying but there are many stocks, including INTC that have completed long term 5 wave moves and they ain't goin to new highs now, only bouncing there is lots of STINK, there is a parabolic move up off the October lows that ended in clear cut EWAVE terminations there is NO STINK REPELENT...NO RATE CUTS..NO EARNINGS SEASON HOOPALA NO EARNINGS GROWTH PROJECTIONS...NO NOTHIN.....just a bunch of stocks that went wild on a parabolic explosion AND A BUNCH OF STINK the only concern now is not to get caught with your pants down with puts during a bounce...and calls if you are playing the bounce roll them puts into April if you got March (I did some) cause there can be sharp bounces with action like INTC, CPQ,DELL as examples but this puppy WILL AT LEAST SEE THE DEC LOWS before we ever see new highs STINK IS KING for now Bad Smells

To: Death Sphincter who wrote (37933)	3/4/1999 2:10:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

Hey Death Dude -- Nice Trading!! Too many times in the past, I got suckered by these trading ranges. I've come to appreciate that the market is in a trading range about a third of the time. If you identify them, you can really make some bucks in the swings. I've come to believe that they generally occur when the numbers get too far away from their weekly MA and trend lines. However, until the market breaks the weekly MA and trend lines, I certainly cannot view it as negative. Trading ranges can last as long as five months or so. Hope you make lots of bucks. Berney