Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Perfect Hedge who wrote (31965)	10/19/1998 6:29:00 PM
From: bobby beara	Read Replies (1) of 94695

Beeble, DJU should pull back, 295 is first support and a 50% retrace, would expect a bounce from there and more pullback if the market is in a selling mode. Today looks like SPX topping day. McOscillator is very oversold +200 and we failed to take out 9/23 high. Don't know what the guy with the ears and tails has in store. Could be a .38-50% retrace, a restest or something more sinister -g- Here is an interesting note. If we turn here the NDX could be making a right shoulder with the 4/22 peak @ the 1310 area - also coincidently MSFT earnings came out at the time also. bb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next