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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (17767)	4/26/1999 9:19:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 18056

>>I am thinking that a possible "red-alert" indicator this time will be "all (TA) systems are a go!" You want it - You've got it: Pitbull crash index just gave an "all clear" signal wwfn.com Run! hide! everything is o.k. ! I'm still waiting to see if the Naz can really make new high after the fist in the face it took last Monday. IMO that was the shot across the bow for the inuts holders. We know that one day everybody will try to sell their itulips at once, and may not even get a dial tone (I'm exaggerating, am I ?). ATG

To: Cynic 2005 who wrote (17767)	4/26/1999 10:01:00 AM
From: Wren	Read Replies (1) \| Respond to of 18056

The Chartist newsletter gave a buy signal on the close of April 16. This newsletter is ranked by Hulberts as having one of the best long-term and near term records. It had a sell signal in mid February on a portfolio of large cap and technology growth funds. The buy signal was for large cap value and mid cap and small cap funds. It sees a shifting of market leaders.

To: Cynic 2005 who wrote (17767)	4/27/1999 11:34:00 PM
From: Paul Winston	Respond to of 18056

Mohan, I believe that you are correct. I think that the market will begin a significant downward slide (>20% correction) starting at the end of this week. I have been converting to cash this past week and have started shorting a few stocks. What seems to me to be a contrarian indicator is the lack of Bearish talk on almost all of the threads. Are they just tuckered out? Tired of predicting the end? When die-hard Bears are (relatively) optimistic about a very over-valued market, then perhaps it is time to exit. -- Paul.