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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Giordano Bruno who wrote (51309)7/22/1999 2:35:00 PM
From: Jorj X Mckie  Read Replies (1) of 86076
 
Hi Jim,
Thought I would give an update to your question from last week.

Despite the P&F indicators, I am not feeling too bad about being short this market. I am guessing that the P&F indicators may reverse soon. Remember, that P&F doesn't really look to catch the tops and bottoms, just the bulk of the move. However, with what I was seeing in the market, I had to trust my instincts.

Of course, we will probably go to new highs next week....
JXM
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