Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28884)	9/26/1998 2:42:00 PM
From: Barbara Barry	Read Replies (1) of 94695

Bill, I have not been able to access SI since Thurs.??I don't know why. But now do you see why I am not so bullish?UNLESS things REALLY turn around soon (and I think not) we won't have any strong/sustainable rallies.IMHO.WE cannot ignore the bleak internals of this market and what is going on overseas.I am acting like a chicken but feeling like a bear right now.;)IF the average investor saw what I have they would have bailed by now...but they don't and won't.Do people care that only about 25% of the stocks are above their 200dma or the new lows etc?I guess not.Perhaps if this volatility continues many more $$ will exit as some folks are getting weary.vgy,vix,oex,etc. tell me we can rally with some of that "doji"stuff :),but I am no longer going to hold my breath with this market breadth,<GGG> to see 8500.Considering fundementals has been pointless this year,up until now. Somebody mentioned longer skirts this fall...well they will be shorter this spring!<VBG>That's about as solid as my indicators have been in forecasting this market.I hope I can feel comfortable sometime in Nov. to go long again on some beaten down stocks. Looking forward to your forecasts. Regards, BB

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