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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28836)9/24/1998 9:54:00 PM
From: epicure  Read Replies (1) of 94695
 
Bill I don't think it is safe to BTD- (except in stocks with great pe's that are not likely to be overly crushed- not many of those around) until the bear flag on the DJ is either broken to the downside significantly - 7800 would be within the flag so a move significantly below that would probably mean a break to the downside while a move above 8200 would break it to the upside.
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