Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (31389)	10/13/1998 3:18:00 AM
From: Thomas C (Hijacked)	Read Replies (1) of 94695

David P, that downtrend line is quite amazing isnt it? And I think further evidence that the current tick marks are in a similar position to approx Oct 1929 tick marks is the great number of gaps we have been having lately (up and down). The 1998 market really seems to want to take its time though backing and filling as compared to 1929. So even if we start to get a huge break to the downside of 7400 the reaction rally could last many days before heading lower again unlike 1929 where most of the reaction days were just 1 tick mark... tc

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