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Strategies & Market Trends : Waiting for the big Kahuna
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To: Lucretius who wrote (63014)2/21/2003 4:59:58 PM
From: robert b furman   of 94695
 
SSHHHH,

I'm still trying to buy some more at the bottom.

I get the feeling there are a lot of Bears wisely slipping towards the door.

There's a bunch doing the denial thing - I'll sell out during the next last dip.Sort of like the Bulls just needed one more new high.

I must have to say that this week of light volume doesn't make me think we've broken out on new volume - but the bids didn't drop when stochastics dropped down during the trading week this week.

The bids were getting bought and and the pops on Stochastics kept cranking up to new short term highs.

This is a subtle change and it can be negated - but I've got that feeling we're getting very close.

I always expect a final shakeout and it could well be vicous - but I think we wimp up quietly and trap a lot of Bears.

BWDIK

Bob
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