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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Daflye who wrote (10084)	4/7/1999 12:46:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Daflye, I haven't brushed up my my biblical numerology in a while, I just know 10 is a completion number, as is 9 and 7. Maybe because the outermost appendages are completed with ten (fingers and toes) I don't know. anyway back to the ranch. If the bearish ascending wedge on the OEX plays out, we should have a lickety split ABC correction back near the base of the breakout, which was 12/14. checkout the MSFT correction off the 2/1 peak for a sample. Their are too many fib timing relations, Bradely, 9 month cycle, 30 day cycle relations to not consider this count EXTREMELY ACTIVE. The indecision triangle in the McCllellan Oscillator is begging for a resolution and in the cycle from the 10/8 low we have yet to complete a -200 reading or lower panic selling bottom that has marked bottoms since the volitity started increasing in fall 97. It wouldn't be out of the question for a crash, given the 1929/73 breadth figures and the pervasiveness of momentum and speculative excess (even the bears are playing net stocks -g-) bb