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Using the WinMidas technique the next support is 9761. The cyan support
line currently at 10301 and the blue line at 10383 provided good support on
the runup from last October. Those were both broken last Friday. On the
other hand Ben's composite breadth oscillator dropped to the midpoint
between what has been the "Correction" and "Crash" levels. The odds for a
trading low in this time frame are quite high considering the put volume,
considering channel lines, considering the composite breadth oscillator. As
long as the interest rate scene is negative it is hard to imagine that the
correction is over and the end of day cumulative volume will continue to
fail to confirm any price rallies.
BobR
----- Original Message -----
From: <Vaugh002@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, February 21, 2000 6:55 PM
Subject: [RT] Markets: Bill McLaren feels crash 85 %probablilty, gives dates
> RTers, Since this copyrighted materal I will point you to the source : to
> read further
> Go to www.afr.com.au go to archieve and select feb 21,2000 select
> MARKETS on left in white select McLaren gives crash course and see
what
> you think decenting opion well come , but it seems to fit with clyde
lees
> swing machine,Norman Winski's key dates and bob R,s planetary paths and
> pending sucker rally and Jim P's
> pivots ... gentlemen start your engines. Cheers Tom Vaughan
> PS: I do not own the Australian Financial Times ,I know so folks down
under
> but they are all dead .
>
>
>
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