Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (25600)	8/29/1998 2:01:00 PM
From: Vitas	Read Replies (1) of 94695

>>>The bear case remains fully intact as long as we don't take out 1106 on this rally<<< The summation taking out its 4 year bull cycle low clearly indicates we are in the 4 year cycle corrective process. Whether it results in a "bear" 20%+ or "correction" less than 20% adjustment does not really matter; it is necessary to be defensive. There will be plenty of time to get seriously long again once the market finds the bottom and goes through the inevitable series of retests. running back

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