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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (25223)8/26/1998 7:02:00 PM
From: Rogue French Trader   of 94695
 
<<wouldn't a break of 1056 project down to the 940 area (which would also be 20% from the top)?>>

I think 1056 is critical support that needs to break. The 10% dipsters haven't been able to get the rally going. The question is whether there are enough 15% dipsters waiting in the wings or will we need the 20% dipsters to join in before the last rally gets under way.

Of course, some people think there may NOT be another rally before the BK.
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