Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (42888)	8/10/1999 10:22:00 PM
From: bobby beara	Read Replies (1) of 94695

Paolo, you have made some very good calls both bullish and bearish and i agree with these criteria, but with the following qualification: """Now the keys to watch (should we get this relief rally) are the following: - heavy volume - whether or not the Dow can break through its 50 day MA - more advancing issues than declining ones - decrease in the number of new lows - DECLINING INTEREST RATES advancing issues should be 2 to 1 or better yet 3 to 1 given the blowout on breadth and a few days of 3 or 5 to 1 up/down volume and a $ rebound. watch for the bulls to run to the few that got them here, showing that the liquidity driven bull is running out of Dr. Pepper. bb

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