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Strategies & Market Trends : Waiting for the big Kahuna
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To: Ob C Qwe US who wrote (11846)12/18/1997 5:46:00 PM
From: P.Prazeres  Read Replies (1) of 94695
 
One other PROBLEM today....the nasdaq closed below its close on Oct 27th, but not below the intraday low.....is this the double bottom test or the continuation of something more ugly.? many of the small caps have been beaten up through nov and dec (tax loss selling) and it may continue through the holidays but some are showing signs of reversals. By the first week of january, we will know if indeed a small cap rally is to come leaving the large and HUGE caps behind.

Paulo
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