Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jay8088 who wrote (33265)	11/7/1998 9:56:00 PM
From: bobby beara	Read Replies (1) of 94695

Jay, emotions have been played out on 8/31 and 10/8, bear market panic bottoms. The bullish divergences and the tape say bull. Don't become emotionally attached to a position that goes against the tape. Demand for stocks is outstripping supply, the basis of economics - prices go up when demand is there. Everybody was scared out of the market in the Fall of 98, now the situation is reversing and that trend won't die soon. The rally into 9/23 was a bear market rally, not this one. bb

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