Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (20078)	6/11/1998 2:05:00 PM
From: Barbara Barry	Read Replies (3) of 94695

Bob, You have noted good points indicating a market top.But bear markets have a way a tricking everyone.A classic breakdown has not occured yet,so IMHO I think what we have is a lack of sellers and another round of buying...IF the next round cannot reach new highs...look out.I'll "guess" an upside bias next week unless something really wierd happens over the weekend.Those options guys don't want to pay up so much to all those put holders!<VBG>I know this market is defying logic but it always does.Volume is picking up today...I read somewhere that this can actually set up for a rally as stocks get out of the weak hands.I think it was in IBD about corrections.?? Regards, Barbara

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