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

To: GROUND ZERO™ who wrote (38543)	3/16/1999 5:44:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 94695

I'll tell ya GZ...i have what P&F calls a high pole Top in the DJIA..not the SPX or OEX..so we could see a pullback in the DOW to 9600 or so..that would be perfect ...let's see what happens.. obviously we can't go straight up, without some short blips... but i'm fully invested and taking prudent profits as needed<g>..

To: GROUND ZERO™ who wrote (38543)	3/18/1999 6:16:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 94695

Goodmorning GZ, The advance-decline summation reads well this morning at - 899, by my calculations. Over the next few days some big numbers are to be droped from the decliners. Looks like by next week it will push positive by a few shares. Looking back these figures went solidly negitive about 10 Dec.....shortly there after the market peaked and went flat for 12 weeks. I've also noticed that back in November there was an Over Bought series of figures at +8000 to +12,000 and shortly there after, (14-15 days) the advancers began to decline to negitive were the market went flat. During Feb 8-18th this summation was at -8000 to -8700 -- over Sold and shortly (about 20 days) these summation figures began to drop towards todays -899 figure. Very Interesting. Over the years that you have plotted these summation patterns is this a general rule.....After an Over Sold or Over Bought series, a "window of opportunity" for trend reversal becomes apparent in 15 to 20 Days? Very Interesting Chip