Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (20079)	6/11/1998 6:58:00 PM
From: Robert Graham	Read Replies (4) of 94695

Today a broad based sell off with volume up and the market closing right near its intraday low which places the DJIA below its 50 day MA once again. IMO sentiment continues to be negative with money flow continuing out of the stock market as indicated by the divergence between the stock market and the long bond. Watch for 8750 on the way down. This is an important pivot point. Bob Graham

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