Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: BubbaFred who wrote (25704)	9/1/1998 1:30:00 AM
From: BubbaFred	Read Replies (1) of 94695

Reflex rally due very very soon, tomorrow if not Wednesday or Thursday at the latest. Good for 8100 in Indu or 1100 in S&P. Extremely oversold condition is an understatement. Time for short covering rally. Time to give Abby Cohen her last hurray. Many bulls have been put aside, and many 401K plans has been switched today, at the wrong time. If AMZN and its hot air brethren continue to go down to their proper levels, then there will be a retest of S&P 750 in October. Otherwise, onward to the bottom of the cliff. In October - November, that is. Just a bubba's opinion, of course. No TA, just common sense, which meets many of the TA criteria.

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