Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (42464)	7/29/1999 10:52:00 PM
From: Skeet Shipman	Read Replies (2) of 94695

Hi Bill, I know your anxious to get this waterfall flowing and 6 1/2% on the bond would surely do that. Today the high was 6.111% with at least two more support/resistance levels before the upward trend continuation would be confirmed. The stock market, today, also appeared to me as relatively complacent selling and buying, even though the Put/Call Ratio was .74. Most of put buying was in the indexes, contingency buying,(It caught traders by surprise). I'll have to check the mourning's blue lava lamp for an indication. I remain under an intermediate term sell signal but have not set a downside target as of now. I keep getting bounced off this site as am writing this. A continuing omen of volatility. The thought of having to reload this computer is ____ uuuG! Skeet (I didn't know I was on a soapbox. I thought it was a historical observation tower of areas of distress.)

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