Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (32294)	10/24/1998 1:01:00 AM
From: Thomas C (Hijacked)	Read Replies (1) of 94695

4 year cycle??? What about the cycle that Marty Armstrong calculated that picked the top on July 17th? July 17th was a major major top. And remember all the indicators/oscilators that worked in the Bull market must be reinterpreted for the Bear market. ie. the % of stocks above 200 DMA should be considered to act as an oscilator. Just because the current % of stocks above 200DMA is very low now and looks to be near a bottom/support area does not mean stock prices cannot continue much lower from here. The oscilator will just bounce down on the bottom as prices go lower. tc

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