Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Cynic 2005 who wrote (9964)	11/18/1997 12:56:00 PM
From: GROUND ZERO™	Read Replies (1) of 94695

Hi Mohan, At this point, it appears to me that the bull market is still intact. For the bull to be dead, I need to see the DOW fail to close above 8100 and then sell off and close below 7400. If that happens, there will be plenty of room left on the downside to enjoy good profits by entering a short position at that time. If that happens, 6900 will be broken with a vengeance. But, until I see 7400 broken on the close, I will remain long. GZ

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