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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (11920)12/19/1997 8:19:00 PM
From: bearshark  Read Replies (1) of 94695
 
Hi GZ:

I watched the indices today. I paid close attention as the DJI went down 270. It reminded me of the day that the "circuit breakers" went off. It looked like a selling climax. However, to mean something, I think 7550 would have to be tested again. (It certainly held nicely the first time.) If it held then, I think we will have accumulated some buying power. At least I hope it is enough to get us to January.

The internals look weak here though.
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