Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (31296)	10/12/1998 1:43:00 PM
From: bobby beara	Read Replies (1) of 94695

Haim, forget the ghost of 29', we should have had follow-thru selling in early September or after this last sell-off to take out supports and close below them convincingly. That ghost will be the wall of worry to climb up. The nasdaq should rally this week to the 1600 area then come down and retest 1500 area again, then it's off to the races. The Dow has a failed H&S pattern that projects to 11,400 by April 1999, then I'll get really bearish again -g- forget that fundamental stuff. bb

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