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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (33957)11/18/1998 4:21:00 PM
From: Death Sphincter  Read Replies (1) of 94695
 
still got my pants on Bobby....if the drop from the high yesterday was the beginning of a Big C down then it was a wave 1, to be followed by an up wave 2...and you know how #2 waves can retrace all the way back to the beginning of #1 and what a nailbiter it becomes....
it is why i am not in deep yet......if it exceeds the highs yesterday it fits in as part of the final 5th wave before a BIG drop, with the power of the Oct. rally it would be wishful thinking to believe it will immediately do a total nosedive without putting up a fight with lots of kicking, screaming and garment shreading......shoes and socks,shirts and ties are flying in the wind...will the Bovine Emperor
realize it has no clothes when it is too late?

partially clad
carl
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