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<DIV><FONT color=#000000 size=2>This is classical bull trap
thinking!</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>I agree with A.J. Maas. In both Elliott and Dow theory this is
a huge bull trap that is very close to completion. Be careful. Especially all
the bullish Elliott wave analysts. According to my work you have it all wrong. I
am lookoing for a huge bear crack on the DJIA very soon down to a 5500 target
level.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Different opinions. Thats what makes a market.</FONT></DIV>
<DIV><FONT size=2>Clive Roffey Ph.D.</FONT></DIV>
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<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>David Gardner <<A
href="mailto:dgard@xxxxxxxxxxxxx";>dgard@xxxxxxxxxxxxx</A>><BR><B>To:
</B>metastock@xxxxxxxxxxxxx
<<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>09 11, 1998 3:00 AM<BR><B>Subject: </B>Re: Dow
Theory<BR><BR></DIV></FONT>I've been a bear since 1996. I have been wrong.
Anyone that thinks this is just a trap to lure in the unwary bulls doesn't
understand the massive liquidity flows that laugh at out 1970s and 1980s
"used to work" techniques.
<P>David Gardner M.D. Ph.D. <BR>dgard@xxxxxxxxxxxxx <BR>K6LPL
</P></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Nov 09 05:55:15 1998
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Date: Mon, 09 Nov 1998 00:14:27 -0600
From: Harley Meyer <meyer@xxxxxxxxxxx>
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I was out of town for the weekend. I will reply to some of the comments over
the next few days.
Harley
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