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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (27664)9/13/1998 12:54:00 AM
From: Moominoid  Read Replies (1) of 94695
 
maybe we WILL have a 4 day tank???

Its certainly possible. The next step in the staircase down..... My TA shows that now resistance is a lot less than the last couple of weeks and a down move is possible. Big up move seems unlikely - the alternative is a continuation of this trading range moving up very incrementally with a lot of volatility.

David
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