Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Thomas C (Hijacked) who wrote (32295)	10/24/1998 1:22:00 AM
From: Vitas	Read Replies (2) of 94695

The four year cycle has been evident in the market since time emomorium. Marty Armstrong is entitled to his opinion. So are Prechter and Flecktenstein. Various people have tried to shoot a dagger in the market for a decade now. This can't be happening, we are doomed, yadda yadda. Notice the market is much higher as we go along? Believe in PEOPLE. Except for the grace of God, we could be in their shoes. They are coming on, and the market knows it. That is why valuations are high. In bear markets you have to use bear market standards for overbought oversold. Look at the chart of % over 200 day MA again. We are bear market oversold. Close enough for me. Vitas

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