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

To: bobby beara who wrote (40195)	5/23/1999 12:28:00 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 94695

BB go to the LU tread - I posted an innocent post referring to the fact that the chart may indicate that the big funds are selling LU. They almost killed me <ggg> I got a salvo of negative responses and attacks. Wath that tells me is that there are many unhappy LU shareholders or even under water. MER, AXP are at support (see my scans) BWDIK Haim

To: bobby beara who wrote (40195)	5/24/1999 7:52:00 AM
From: John Pitera	Respond to of 94695

BobbyB, I agree with you regarding all of those groovy securities, that market has had the biggest rolling top since 1972 which then hit it's high at the start of 1973. There are a large number of reversal patterns out there. C is one that looks like it's a couple of days ahead of cmb as C had a H&S formation and broke down through the neckline at 70 and closed below it's 50 dma on friday...amazingly C has stayed above it's 50 mda since the middle of Oct 1998. It closed below it one day in Feb '99 but otherwise has stayed above the 50.