Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (28438)	9/20/1998 3:52:00 PM
From: Gary105	Read Replies (1) of 94695

I vote trading range for the foreseeable future. Buy the dips, sell the rallys. If the market turns up, it will not do so overnight. In the best case we have a sawtooth with upward bias, in the worst, we have sawtooth with downward bias for now. Letting the market tell me what will happen rather than vice versa, if small stocks continue to strengthen then eventual upside breakout, if not then bad breadth will require more than mouthwash - but way too early to tell. Opportunities in individual stocks on both sides - buy non-cyclicals with strong insider buying, sell cyclicals that have not yet dropped a lot and that have insider selling or lack of buying. Gary

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