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

To: bobby beara who wrote (13674)	5/12/1999 4:02:00 PM
From: dclapp	Respond to of 99985

double top on the Dow?

To: bobby beara who wrote (13674)	5/12/1999 4:24:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 99985

Bobby, high bullish sentiment readings at the beginning of a rally from an important bottom have indeed no value as a contrary indicator. but we are now way off that bottom and bullish sentiment has been increasing lately from already high levels. it's just not healthy anymore; if the dow manages to climb to 16,600 within "weeks or months", i offer once again to eat my hat. regards, the zoo keeper

To: bobby beara who wrote (13674)	5/12/1999 6:34:00 PM
From: Haim R. Branisteanu	Respond to of 99985

Analysis of end of Day Closing prices and recommendations in Rubin's & Greenspan Tulips Market - Watch IBM & CSCO for reversals This is the most effective list, but validate signals. Results are relative to the SPX and move relative to the SPX - Haim see more data at bway.net Today is 05/12/99 Remember this is a computer scan only S&P Closed 1364.00 S&P Change 8.390 Recomandation Price Stoch. RSI RSI RS Change ROC% SELL SIGNAL ON BZF 16.750 94.152 77 -3 -104 SELL SIGNAL ON CNC 34.125 90.725 61 -3 -205 SELL SIGNAL ON FLR 38.375 78.205 69 3 -12 SELL SIGNAL ON GTK 27.312 79.259 57 0 0 SELL SIGNAL ON IBP 22.438 88.824 63 0 -2 SELL SIGNAL ON KM 17.125 80.982 57 -5 -255 SELL SIGNAL ON MAY 45.000 93.916 69 1 -17 SELL SIGNAL ON RAL 31.188 78.970 57 -9 0 SELL SIGNAL ON S 51.125 89.258 67 -7 -21 SELL SIGNAL ON BLDP 37.125 93.417 59 0 -14 BUY SIGNAL ON SNE 93.750 21.053 47 2 17 BUY SIGNAL ON PEP 35.500 11.448 40 6 23 BUY SIGNAL ON DIS 29.188 6.383 33 -1 27 BUY SIGNAL ON CWZ 52.875 22.222 41 7 2

To: bobby beara who wrote (13674)	5/12/1999 7:39:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Bobby, i have looked at the charts of some of the leading internet stocks and must say i tend to agree with your wave count. the a-b-c fourth wave correction is pretty obvious, so we should indeed see the beginning of the fifth wave now. query: as far as i know, the size of the first and third waves helps to predict the likely size of the fifth. could you explain? it would be very helpful with regards to determining likely targets if we really see the start of the fifth. regards, zooplankton