Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: D & G who wrote (30888)	10/8/1998 5:38:00 PM
From: Bull RidaH	Read Replies (1) of 94695

D&G, 5 Day Trin now at 4.15, with today closing at .47, and closing tick at 646. Was this another obvious attempt to muscle the shorts out of the market with a 5.3 % rally off the lows in the S&P futures? Notice from the '29 crash chart, that a strong 2 day rally ensued after the major earlier low was pierced. members.tripod.com I imagine that's what's happening here, and we'll see 870 SPX/6700DOW by next week. I was looking for this current rally we're in to begin from the 905-910SPX area, but they pulled it up short, and began it from 923. ;o( Regards, David

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