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Strategies & Market Trends : Waiting for the big Kahuna

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To: Darth Trader who wrote (24278)8/14/1998 7:00:00 AM
From: Moominoid  Read Replies (1) of 94695
 
Please explain that post

It just says that the market is having a hard time crashing in the last few days. I think a few more are needed till another large downward movement COULD (but doesn't have to) occur.

If you look at the Chase Manhattan chart it has been in very rapid decline during the last few days. It tends to move very nicely with the market but sometimes preceding it slightly.
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