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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (7387)10/25/1997 6:18:00 PM
From: Bonnie Bear  Read Replies (2) of 94695
 
yep, bill, I'm a bear. I just looked through all the IBD sector charts. Everything except utilities looks tired, it's the time of year when people want to collect their profits, they had a good year. Between Thursday IBD and today (friday's charts in the Monday paper) the accumulation/distribution went from B- to D+ on the nasdaq and S&P. The NYSE most actives list, with the exception of T, is under distribution. First time I've seen it like this.
Of course, all of this COULD be bullish.
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