Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Kip518 who wrote (25390)	8/27/1998 9:24:00 PM
From: bobby beara	Read Replies (1) of 94695

Kip distribution has been showing in lots of charts, since fall 97. We 'stupid' bears have been talking about this for a year now. I think we are at a point were the "smart" individual investor who has been holding up the market and buying the dips, while the "dumb" insiders have been selling has ended. Supports broke today and so will "smart" joe-six-pack investor and joe foreign investor also - which is even more important for bubble support. The banks have reached this point early in the cycle and that is quite disturbing, but completely expected by this 'dumb' bear. bb

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