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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joseph G. who wrote (31097)10/10/1998 9:04:00 PM
From: Moominoid  Read Replies (1) of 94695
 
My prediction for Monday is sideways movement. Tuesday down. The 34 week band I am referring to is now resistance. We are in a mirror image of the major bull runs (about 3 of them) of the last 3 years.

We need a 300+ point rise Friday to call that much of a bottom on Thursday. My statistics also show it wasn't. Unlike 31 Aug which was a VERY strong bottom.

David
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