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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (23853)8/10/1998 11:51:00 PM
From: Moominoid  Read Replies (2) of 94695
 
STOP WAITING!!!!!!

This is the big Kahuna. We are right in the middle of it. Take a look at my charts on my website:

cres.anu.edu.au

I'm sorry it is slow even at 56k.

Compare this SP500 action with individual stocks that have collapsed - eg. National Semiconductor last October-November. It is very similar. Chase Manhattan is pretty much in the same mode as the SP500. I find it a good indicator. I'll send charts of Chase, NSM etc. by E-mail to anyone who wants one.

OK I could be wrong but I'm willing to bet on it. In fact I think I'll pick up the phone to my Australian options broker right now...

David
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