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 (45813)	2/1/2000 7:19:00 AM
From: Jerry Olson	Read Replies (2) of 94695

Agree Bill it's a very good indicator of over bought/oversold..short term... we had a good reversal day in the NAZ yesterday...we need a follow thru, or i'm shorting this hard... many stock's, i follow broke triple bottoms..usually they rally back up to the break, where they can be, and should be shorted from there... so i am watching this carefully.. the Biotechs and Semis are the sectors that are very overbought..and the banks and financials are very oversold...better risk reward down at the bottom... good trading....

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