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Strategies & Market Trends : Waiting for the big Kahuna

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To: J.T. who wrote (2319)7/11/1997 1:21:00 PM
From: bobby beara   of 94695
 
Ya the short interest fuels the market when the big mo is goin, but when the momentum stalls like it's doing at dow 8000 now, the shorts start taking over to drive it down.

T/A Frank Barbera showed a chart of the Dow transports with an overlay of the Airlines. The airlines broke out on a parabolic uptrend in April May peaked in June and have crashed down recently, while transport index has a steady rise. Yesterdays airline index close was eirily 747.00 almost one year anniversary of to date unexplained crash of 747 TWA Flight 800. I hate bring up these omens and symbologies but the big giant head keeps shoving at me. Airline index close 747.00, Dow bounces off 8000 today fails to close (TWA 800).

I commented on ths post June 20 left tip of batmans ear exchange2000.com now I believe we are at the right tip of batman's ear and about to make CONTACT. Movie opens today MUST SEE!!! Just bought Carl Sagan's book Billions & Billions

Bill Hueb start warming those vocals

I'm calling for bear not crash, just take 6 month chart and reverse for 2nd half of year and plan accordingly. Think long term.

nikto klaptu baradus, eany meany chili beanie the spirits are about to speak

bob
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