Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Thomas C (Hijacked) who wrote (23213)	8/4/1998 5:27:00 PM
From: Terry Whitman	Read Replies (1) of 94695

Here's my strategy- It has worked well for the last 2 weeks: Sell the internuts short on rallies. Avoid those with high short interest already (AMZN). Charts show selling opportunities on YHOO, LCOS, NSCP and others. It makes me feel a little better about the micro-cap dogs I'm holding, when I can make a little bit on the falls. My favorite indicator: New Highs vs. New Lows. Today's reading: Even worse than yesterday- New Highs 18 New Lows 559 Increasing new lows-Bearish Decreasing new highs- Bearish Tomorrow morning will be big. I'll take a failed rally in the morning as a signal to sell more. BTW- DJI very close to crossing under 200 day MA- The final domino. Happy Trading, TW

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