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

To: Moominoid who wrote (39950)	5/13/1999 12:05:00 PM
From: Bull RidaH	Read Replies (1) \| Respond to of 94695

David, <<When will you decide that the dip to 1205-1274 isn't going to happen>> You ask that as if it's a foregone conclusion <g>. Actually, what would convince me that we've already finished this correction from the 4/13 highs (which thus far only made it to 1285, short of the required 1274 mark)would be if the NYSE clears 657 by even one tick, or the Dow clears 11195 by one tick. If either of those happens, then the market pulled a fast one (highly unlikely but in the realm of possibility) by only retracing 18% of the move from 923 to 1362, while 20% is the wave 2 minimum required retracement. The number on the SPX that kills the scenario would be 1445, but who could wait for that? I would have to go net long on a double close above 1380SPX, as that is a reversal zone target from the breakout of the symmetrical triangle we formed over the past few weeks, as seen here. homestead.com If tomorrow (Friday's) high is broken at anytime going forward, I would also have to get net long, as a 26 day cycle high is due on Fri, recommending a sell of the high of the day. Regards, David

To: Moominoid who wrote (39950)	5/13/1999 6:03:00 PM
From: Haim R. Branisteanu	Respond to of 94695

Analysis of end of Day Closing prices and recommendations in Rubin's & Greenspan Tulips Market - Shooting stars most Internuts S,TXN, MOT,CSCO,DELL,INTC,SUNW 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 05/13/99 Remember this is a computer scan only S&P Closed 1367.56 S&P Change 3.560 Recomandation Price Stoch. RSI RSI RS Change ROC% SELL SIGNAL ON AMD 18.312 84.118 60 -15 -24 SELL SIGNAL ON AMR 74.000 82.867 65 -1 -16 BUY SIGNAL ON BS 9.250 19.231 48 0 37 SELL SIGNAL ON HNZ 52.438 89.646 60 -3 -6 SELL SIGNAL ON IGT 19.125 86.331 65 -5 -5 BUY SIGNAL ON PFE 117.812 17.730 42 3 14 BUY SIGNAL ON SCIXF 9.188 28.333 44 1 18