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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (30829)10/8/1998 10:02:00 AM
From: Philipp  Read Replies (3) of 94695
 
The initial decline does not look as big as it could have been.

Well, you are right as far as the Dow is concerned, but SPX is now below the 20 % decline line and is quickly approaching its previous low of this downturn. I wonder how long the Dow can decouple itself from this trend. And once the Dow has given in ...
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