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Strategies & Market Trends : Waiting for the big Kahuna

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To: pater tenebrarum who wrote (40875)6/23/1999 7:26:00 AM
From: coug  Read Replies (1) of 94695
 
heinz,

How do we know the top is in ???. I don't . I'm not smart enough.
Couldn't a person aligned the topping 29 and 87 charts any number of times, the last few years.. on the way up of this current bull run??

It is also my opinion that the very fact we have all this technical information, from forks to oscillators that people are trading off of now that will prevent a crash.. When we do turn down,
I think it will be choppy down as people sell the peaks and buy the dips .. the only difference being, lower lows and highs.. With a sell
off crash at the end.. which will only happen after we "chop" down.
a lot further than where we are now.. and that takes time.

Even the "barest(ie naked of stocks) of the bears" on the threads post 'technical buys" . as evidence for my thinking..

Until the money dries up.. I do not see the crash.. and that will take some time..

FWIW, my oscillators have not quite rolled over yet.. so I do not expect the the weakeness overnight to carry through today.. but who knows.. I just follow the trail and do not try
to guess where it's going..

Good luck to all.. whatever your persuasion..

Coug
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