Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Mark Adams who wrote (50035)	1/20/2001 12:33:29 AM
From: Lee Lichterman III	Read Replies (1) of 94695

Yeah I saw that and was trying to figure out the weighting myself since NVLS and AMAT were up so huge the last few days. Heck if I know for sure where we go from here. I haven't looked over everything yet and I generally take Friday nights off to relax then hit the charts over the weekend. I see a strong probability that we sell off early next week but how far and for how long I haven't had a chance to decipher yet. I may not be able to as many of the charts I did sneek a peek at were at areas where they could go either way. Some techs look that way, the XAU looks that way, many defensive stocks look that way etc. THey can't all go the same way. If tech moves up, the defense should drop and if the defense goes up, then the techs will be the better shorts. Options expiration and the over sold nature of the market really messed things up last week. Hopefully I will find a clue this weekend. Good Luck, Lee

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