Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (31835)	10/18/1998 10:08:00 PM
From: P.Prazeres	Read Replies (1) of 94695

bearshark, Obviously, your definition of a bear market is different from mine....but by mid September only 15% of stocks were trading above their 200 day MA...so I say it is/was more than a correction. We also had a cople of days with new lows on the NYSE over 1000! That's incredible. During the previous corrections of last year that number only got to 300 to 400. This, again, is/was more than a correction... Paulo

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