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

To: Vitas who wrote (38077)	3/8/1999 11:05:00 AM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

V...yes, definately......i posted to the Plonkster the 2 different reads that i have on this current move 1: totally obvious triangle of Jan/Feb...which if resolved to the upside targets 10,200ish Dow, 1350+ ish S&P.....this triangle is an obvious look alike to the Apr/May action of 1998 and the subsequent breakout to the July highs......it is so obvious that every TA guy on the corner sees it and is projecting off of it....when something is so obvious you just got to wonder about it 2: the not so obvious read is based on another more subtle ewave read which would have the S&P stop right around its Feb highs, Dow has slight throw over and NAZ retraces to around 2400.....then it is time for the reversal down to at least the Dec area if it does scenario #1 it looks like the 1% might just get back to the zero line again doesn't it? and then whammo smell me