Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (22152)	7/23/1998 6:40:00 PM
From: yard_man	Read Replies (1) of 94695

David, I recognize that the rally could broaden from here, but I'm not sure I agree it is likely. I am not a technician. I have made some bearish bets (Sept, Oct, Jan) -- but won't be surprised if there isn't a good move down until the latter part of the year -- I do expect one though before the end of the year. My only point is that A/D hasn't meant anything for a while and may not for a while longer. All I do is keep increasing my cash as I can. I don't care if I miss the last big spike that everyone seems to believe is necessary before the end of the cycle. If you can time that well -- I say good going. I lack the confidence and tolerance for risk to even contemplate something like that. Take care, Tippet PS - Lots of other good wisdom in Ecclesiastes if one understands the point-of-view. When one is wise and has all the wealth of the world -- what so many think is so important seems like so much trash.

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