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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Bonnie Bear who wrote (20198)2/17/1999 8:33:00 PM
From: Brad Bolen  Read Replies (1) of 86076
 
Bonnie,

I looked at that Russell chart, too. I know we are looking at it in a 'canned way' but isn't that chart bullish? (By the book, that is.) There was a break of the down trend, then the pullback to the trend line, and, in addition, at the horizontal support. Seems pretty textbook to me.

Overall, I just think it is damn hard for companies to make money now. I read report after report that uses that little phrase "pricing pressure".

Deflation?

B.
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