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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21829)7/18/1998 9:00:00 PM
From: bobby beara  Read Replies (1) of 94695
 
Check out the NasDaq tape:

coolhistory.com

a/d non confirmation 7/1 to 7/17 a/d line DECLINING while index jumping 100 points two weeks.

There is a hook on the a/d line pointing down and if you turned the a/d upside down you would call that a bullish pennant, watched lot of them explode lately.

Good possibility the Nasdaq topped Friday, maybe short term, maybe long term.

Now that Intel has made a double top at 85, I think it's safe to short.

BK getting close

BWDIK,
bb
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