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 (30607)	10/7/1998 11:32:00 AM
From: Terry Whitman	Read Replies (2) of 94695

<I would be uncomfortable shorting a overbought market by 15%, it could be a blow off and just keep going. I would rather wait for some confirmation, this is why I use the indicators that I do use.> Can't really fault that strategy. However, the biggest gains start with an uncomfortable position, as any bull knows. <g> I never thought of just using Bollinger Bands, David- think I'll see how that compares. Would like to know what happened it 29' and 87' too. I would suspect that they blew way past the -15% level. TW

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