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 (33618)	11/12/1998 9:49:00 PM
From: bobby beara	Read Replies (4) of 94695

Vitas in a youthful bull 2000+ is bullish, in this aging dino-bull with the speculative excess in techs, senior biotechs, and internets - declining fundamentals, it could be the mega-bull trap of the century, even had me snared for a moment. >>>The Summation Index is a long-term indicator which oscillates in relation to a Zero Line. The normal range of movement is between Zero and +2000. Movement below the Zero Line is considered bearish, while movement above +2000 is considered bullish. Historical extremes are approximately +4000 and -2000. <<< One indicator is not a holy grail and this popular indicator may be a doing a nice job of capitulating all the bears at the top. Remember that the market is a snake and that when everybody thinks they have it figured out, the rules change. bb

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