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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (13681)1/30/1998 11:11:00 PM
From: Simon  Read Replies (1) of 94695
 
Bearshark:
Geeeez that ascending triangle of S & P, Trans. got me rattled. Normally in bull mkt they break out the top with a bang. When they finally got turned back today."whew" I started thinking the "Jan" effect is going to come through. All the B news kept saying the Dow up over 200 for the week, and all is well. Nothing like the talking heads to give a good spin for the weekend. I talked to a friend this evening and said I thought it was all over with. "Hey stupid, the market was up over 200 this week. Nothing to worry about."
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