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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (56705)2/7/2002 7:25:44 PM
From: BubbaFred  Read Replies (1) of 94695
 
Another failure day. All smoke and screen in the morning and most of the day. Rebound attempts in past few weeks, even from extreme oversold conditions, have continue to fail. Overall, the aura is negative and looking worse by the week. All indices will soon break down below the 100-, 200- day moving average. Many technicals gave sell signals a few weeks ago.
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