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 (70764)	5/2/2005 10:24:46 AM
From: Real Man	Read Replies (1) of 94695

It's strange that it works that way; if it does not work for a contrarian, maybe, lowrisk is not statistically significant? Many traditional sentiment indices have been bearish (contrarian bullish for the market) lately. On the other hand, they have been record bullish (bearish for the market) from mid-2003 to January 2005, and it did not seem to matter. There is a lot of damage done technically to the indices, so they should encounter a lot of resistance on the way up. Nasdaq especially - several downtrend lines are now in place, and the last uptrend line is broken. One of these minor lines we hit right now at 1930. BWDIK?

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