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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (30480)10/6/1998 6:40:00 PM
From: Thomas C (Hijacked)  Read Replies (1) of 94695
 
I still think there is a good chance we will gap down before this Friday which is still consistent with the super historic downtrend line I have mentioned before...Today's 150+point rally and close near the lows seems to reflect the power of that downtrend line..

The Dow Transports have already headed below support and a DJIA move there would be another sell confirmation..

Tom
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