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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (31009)10/9/1998 12:17:00 PM
From: Thomas C (Hijacked)  Read Replies (1) of 94695
 
If today is an up day, then I think it will be a very rare one indeed...So far on SPX we have had 6 down days with one up day...we are certainly due for another up day, nameley today..it would seem though that early next week we should continue with more massive down days..

The current decline on the spx at least shows amazing similarity to the last slide down in 1987 where there was on last up tick bouncing off support before heading down fast...

Tom
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