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 (42958)	8/12/1999 1:11:00 PM
From: pater tenebrarum	Read Replies (1) of 94695

Bill, it seems the BK has been postponed once again. the 'correction' seems to be over...or is it just a head fake? what do you think? last year we had two strong up days as well before the market really tanked - the McClellan oscillator had recovered back up to zero before things got serious...but there's no crisis in sight such as last years, so we have to assume that we are dealing with a 'normal' market right now. no really important support level was cracked and the bond looks like it's bottoming. so most likely we simply have seen a normal correction and it's off to the races again... regards, hb

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