Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (27862)	9/14/1998 6:17:00 PM
From: Bull RidaH	Read Replies (1) of 94695

R.D., I show the last 4 days of last week totalling 3.52 Fri .47 Thurs 1.25 Wed 1.41 Tues .39 plus today's .52 EQUALS 4.04 Yes, it's been extremely reliable this year, and since we know we're not in the middle of a bull market anymore, Overbought readings should be much more reliable than an oversold reading. Further wave count review shows we could have one last buying burst tomorrow before a potential downleg begins. Look for minimum 23 S&P pts. up off tonight or tomorrow a.m.'s lows, and a maximum of 46. Regards, David

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