Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ibexx who wrote (14431)	2/26/1998 11:13:00 PM
From: the Druid	Read Replies (1) of 94695

At the end of 1994, when this market rally began, very few people were positive going into 1995. When the market started going up, everybody jumped on the bandwagon. So technicians don't have a good record of picking turns. They certainly didn't call that one. Almost everyone, including fundamentalists, missed it. This is impossible. How could the market rally if almost everyone missed it?

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