Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (23705)	8/8/1998 8:34:00 PM
From: bobby beara	Read Replies (1) of 94695

Bill, I wouldn't hang my hat on Bearons advisors for sentiment, too narrow a sample. I've got to admit the though bearishness has me shaking in my short's - like they were shakin last weekend when you basically made the same forecast - with bernie saying 10,000 (I've heard a few other timers say this week we were going to 10,000 quick) . . .AND THEN WE WENT DOWN BIG TIME this week. You can throw the traditional bull indicators out the window IF we are in a bear market and unfortunately if we are most won't realize it till we are already well into the dunghill. I just look at that double top reversal on the Citibank chart and that looks pretty imposing. The transports were first to go. I would watch the banks carefully and see if they can mount a rally here. Da banks is da key man - forget sillysoft, dey got da money man. bb

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