Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (44778)	11/27/1999 4:07:00 PM
From: Brian Hornby	Read Replies (1) of 94695

Hi GZ. So are you now bullish on the SP? Your thoughts are appreciated. I note you are long in the contest, however we both know that can change from minute to minute <g> I feel there is more downside at this point but there is a lot of money that seems to come in on any dip. Also a rotation of money in Blue chips with an accompanying slowdown in the NAS bubble could be a next bullish step. Bearish "Dark Cloud Cover" candlestick on the ND Friday BTW. This may not mean much, as the NAS has happily ignored similar indicators last couple of weeks. OTOH, bonds seem to be breaking support, so another 1/2 pt or so slip and I don't see how the market can hold up.. In summary, I guess I am personally neutral and will wait and see what shakes out...

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