Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (22704)	7/30/1998 9:28:00 AM
From: bobby beara	Read Replies (1) of 94695

RD if the market has a significant correction even value plays will sell-off. IMO any money put to play in this market now should be on the short side. The transports have broken down thru a intermediate term h&S and the long bond looks like it's sitting on a h&s pattern. One technical analyst I follow is very negative on bonds, the last run-up was on weak relative strength. Globex is up so we should get a bear market rally for the next day or two. I would use this as an exit path. but i'm just a wannabee : -0

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