Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (19285)	5/27/1998 9:16:00 PM
From: robnhood	Read Replies (1) of 94695

Monty, from my very narrow perspective the rally was cheesy. As usual sellers were only semi serious and vamoosed at the signs of buying entering the market. A lot of the buying that I saw was professional which IMHO will be looking to sell first thing tomorrow. If the funds and the public take the bait , their gamble will pay off. Serious selling will not enter the market until the public cease buying MF's, and actually start selling. From the little I have seen John Q take's the ostrich approach to declines and so far it has worked for 10 years. Anyway, the buying that I saw was questionable. FWIW and IMHO's apply... russell

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