Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (33144)	11/6/1998 1:21:00 AM
From: Jay8088	Read Replies (1) of 94695

<< I guess if we fall back before June you guys will explain how there was another underlying cycle which took precedence or something. Sheesh!! >> That IS about right. HOWEVER the 39 week cycle has been and IS the main cyclic force in the market now and has to be respected. The greatest mistake I made during this down/up move is not realizing that this cycle bottomed on Oct 8th. Aggressively betting on the downside after that date has proven to be totally disastrous.

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