Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: dennis michael patterson who wrote (25228)	8/26/1998 9:42:00 PM
From: robnhood	Read Replies (2) of 94695

<<I fear this time, the crowd might be right. >> Fear,,, well, that word has certainly entered the equation lately. The problem with it is I did not see all that much fear in the market. Yes , fear on the part of the buyers (lowering their bids), but not enough on the part of the sellers. In the long run this is very bearish, however in the short run it may be bullish. The owners of MF's appear to be rank amatuers to me and will not capitulate untill the market has dropped a long way. With that thought in mind the possibilities for an unimpeded rally are still open. BWDIK, russell

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