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Strategies & Market Trends : Waiting for the big Kahuna

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To: Cynic 2005 who wrote (2538)7/16/1997 10:40:00 AM
From: Tom Trader   of 94695
 
>>I do hereby declare today marks the reversal of the bull and the return of a severe correction, if not the bear.<<

Mohan, are you serious???!!I actually looked for a smiley face after the comment and did not see one. A statement such as this coming from some one who is not given to making such grandiose predictions, certainly caught my eye. This market on a technical basis is looking great -- the sentiment #s are not as great, and the valuations are out of line, but look for some signs of fraying, before calling a top.

Can you elaborate??
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