Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (31822)	10/17/1998 10:31:00 AM
From: bearshark	Read Replies (1) of 94695

Hi GZ: It appears that we are going to have a test of our baby bull this coming week. A number of indices are at key points now or soon to be. We should be able to gauge the health of the new-born shortly. Everything I have says this is a strong move. However, I would not be surprised if I have been suckered into a bear market rally. If we have a flat correction to this move or a mild decline, I will probably be adding to my positions on the weakness. I think the correction to this move began on Friday afternoon and should end by Tuesday or Wednesday. After that, if our baby bull is to survive, we need to pick up the small money. I will be watching very closely. This bloated market needs a steady inflow of funds to get it fatter.

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