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 (47167)	4/27/2000 9:54:00 AM
From: robert b furman	Read Replies (1) of 94695

GZ, I'm really surprised the NAZ's island reversal is still in tact. Wish I could find the Naz wilders relative strength chart that covers oct of 98. As i recall Oct 7-8 was a triple bottom that drove vix up to the 60's.That time period also had a put/call ratio spike up to 1.12.Last week vix hit 40 + and the put call ratio only achieved .90.If a vix in the 60.put/call ratio 1.00 plus and the NAZ bouncing off of 2900 it would be a AAAALLLL AABBOOAARRDD call of the milenium. In between,Mr Market is surprisingly resilient! He might be telling us something??? Bob P.S. Amat + 2 1/4 Asyt + 2 1/2 Semi equip providing a new sector leadership with breakouts on a tough day???? Feels more like rotation than Kahuna.JMHO

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