Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (69172)	4/10/2004 10:58:32 AM
From: Real Man	Read Replies (1) of 94695

I can't, cause I'm out, and won't be in until it moves -g- stockcharts.com It's overbought, and there is a strong resistance at 43.5. Who am I to argue with Mr. Market? -g- On the other hand, I recognize that once the resistance in rates (45-year trend line, to be exact) is taken out, rates will go pretty much up. This would be VERY bad for leveraged players - so, I would think, they will try to crash stocks to postpone the day of reckoning. On the other hand, at some point they won't be able to. Mr. Market will tell us when! Until then, it's the waiting game.

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