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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (30662)10/7/1998 6:12:00 PM
From: GROUND ZERO™  Read Replies (2) of 94695
 
Bill,

Probably so. Well, the players just ran the ball up and down the field, literally, 100 points up and 100 points down the field. This only goes to prove that those overnight numbers are completely meaningless because it's such a thin market.

The 25 day a/d sum is back in negative territory for today, but it takes a couple of days and then a few days consecutively in the plus or minus, which ever the market turn may be, before the index catches on. It was just barely positive last night and we did rally, but it didn't count for much.

I'm still not convinced the DOW will break if it hadn't by now, maybe tomorrow.

Have a good evening.

GZ
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