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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21846)7/19/1998 12:01:00 AM
From: bobby beara  Read Replies (1) of 94695
 
Transports look like the broadening will be on the downside -g- The double top on the XAL and the trendline failure on the trans, then 7/20 headline article on the government cracking down on the airlines.

Pretty dramatic reversal here 12 points up and 12 points down in one week

iqc.com

Reminds me of MSFT around the 4/22 peak.

bb
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