Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (11696)	12/16/1997 7:14:00 AM
From: bearshark	Read Replies (2) of 94695

Hi GZ: The rally back from the low in the NASDAQ yesterday prevented a confirmation of a bear sign using the TA I follow. I was surprised by the strength of it. The overseas markets and Globex hold some promise for some continuation today. I did not calculate any technical stuff last night, but I believe we are still in an oversold condition. I will check tonight. I agree with what you say. The rally needs to add another day to it and then maybe it will get used to it. I just hope it carries into January.

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