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Strategies & Market Trends : Waiting for the big Kahuna

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To: coug who wrote (20005)6/8/1998 5:12:00 PM
From: bobby beara   of 94695
 
Coug, I would expect a pull back over the next couple of days - we have had a nice run to consolidate, but that will be a buying opportunity in the mega's. This bull will continue to have hard skin and confound the bears. Still plenty of scared foreign capital running into mega-caps and bonds.

I don't count this rounded top as the peak - just not enough drama -g-

IMHO this mega bull will end with a V pinpoint that will burst the bubble.

I am not uniformly bullish, just large caps and selective issues. Intel looks like it could be a fairly safe short, but I would like to see it make another surface for air over 70 to harpoon it.

bwdik
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