Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HairBall who wrote (28825)	9/24/1998 9:50:00 PM
From: bobby beara	Read Replies (2) of 94695

BK Alert! Yesterdays rally and this rally has been a big fooolie, to get everybody complacent again, it even made a fantastic trap by crossing the downtrend line in a flurry. The kicker is the rally made headlines in my local paper - big contrary indicator. However today that rally was wiped out almost like it was never there, right off the 200 dma on SPX and the uptrendline of the 'bearish flag' channel. It was amazing how yesterdays close pegged the 200 dma and the uptrendchannel with such accuracy!!!! The Kahuna thread has gone bullish - big contrary indicator (it was different last fall when GZ was the loner with the ears and tails -g-) Chart Check: RAL a stalwart has broken it's monthly trendline in July and has retraced up and touched it in the last couple of days. DAL has retraced up to it's neckline @109 and bounced off it. AMZN has retraced up to it's angled neckline (or apex of the symetrical triangle top) and reversed hard off it today. Hedge Fund collapsing and banking fiatsco the 'trigger'? BK is a bank, not a myth. BB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next