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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lee Lichterman III who wrote (49072)10/31/2000 9:08:03 AM
From: robert b furman  Read Replies (2) of 94695
 
Hi Lee,

Knock the last of the high flyers down.

Bounce side ways in a trading pattern - which allows tax selling and the re-accumulation of your favorite players at a lower cost.That requires the range to last at least 30 days and probably closer to 45-60.(subtle accumulation takes time to accomplish i.e. that two strong pops we've had with zero follow thru)

That capitulation day we all have been looking for might just be the gift of octobers past in (98).

The next rally might jump off a bottom that wimped instead of shook.

Darn it I'd like it to be obvious - but no one said it was easy. <vbg>

Bob
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