Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (22346)	7/26/1998 10:06:00 AM
From: bobby beara	Read Replies (1) of 94695

LG, I agree about eating tomatoes, but >>> I may look for the "internuts" to be the last to capitulate. MM will squeeze as much juice out of them as possible, before letting go. NAZ may be the last to fall!<<<< I think you will noticeably see an exit here as traders see that the momentum has played out. Look at the double tops on Yahoo, AMZN, ELNK, on much lower rsi and obv - these are stunning reversal patterns. With that ugly looking double top on the N225, it's possible that we aren't entering into round two of the Asian contagion. Here is a divergence for you: decisionpoint.com draw trendlines across the august/october peaks and the april/july peaks now draw trendlines across the same peaks on the summation index OUCH divergence would be worse if you were using spx, oex or ndx. bb

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