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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28090)9/16/1998 6:56:00 PM
From: Brad Bolen  Read Replies (1) of 94695
 
All,

The big B. GUT oscillator (you know, the cheap one), says the S&P pulls back to the 200DMA, and then tanks.

I REALLY don't like the trading I am seeing in the secondaries. Even some of the large caps still look ill to me.

And the internuts were the strongest sector today? Please.

Also, I think any rally due to a 50 basis point cut will be short lived. It's the deflation thing that started this bear, and I am betting it will be what continues it.

BWDIK

B.
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