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Strategies & Market Trends : Waiting for the big Kahuna
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To: tide who wrote (18681)5/19/1998 6:41:00 AM
From: bobby beara  Read Replies (1) of 94695
 
Hi Tide,

Scary tumble is correcto-mundo! (that is a worldwide correction)

Summer in the city is gonna be dirty and gritty.

But before that we will have a hi tide and it will lift all boats.

If you look at charts, the airlines have made some dramatic gains in this bull market, going parabolic into early April. Since airplanes are not equipped for space travel they will have to come back in for a landing, unfortunately it will be the kind of landing that nobody wants to be a part of.

Here is a sentiment indicator, many of the die hard bears who were once talking like Prechter, now have capitulated and are being quite milquetoast about the coming correction.

bobby b
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