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Strategies & Market Trends : Waiting for the big Kahuna

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To: jef saunders who wrote (24448)8/17/1998 12:12:00 AM
From: kahunabear  Read Replies (1) of 94695
 
Hong Kong should be very interesting tomorrow night. It sounds like the government has challenged the short sellers to a gunfight at the O.K. Corral.

IMO, this bear really starts to gain some steam when internet stocks, pc stocks and blue chips begin to take a dive.

There has been some pain in some sectors, but in many, it hasn't even started.

I have said for a while that a 400 point down day will wake the market from its complacent stupor.

WS
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