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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (22666)7/29/1998 7:37:00 PM
From: bobby beara  Read Replies (2) of 94695
 
BB we are on critical support, sitting right on Bollinger beara band and on the neckline of an h&s pattern on the OEX on the 60 minute chart. If we don't bounce from here, next stop is SPX1074 - SOON. I have a feeling MSFT has to make a pointy reversal, not the sloppy rounded top like it's got, so I'm hoping the bulls will buy "safe" stocks like MSFT and the OEX.

From now own the short side will be easier to play than the long side. The bull is dead, may he rest in peace.

wanna beee
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