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 (33972)	11/19/1998 10:40:00 AM
From: Paul Shread	Read Replies (2) of 94695

Here here. For what it's worth, a bear market rally historically averages about a 25% retracement. I don't think a 75% retracement from the lows qualifies. I can't wait to hear the bearish arguments when we take out the old highs; that fits no bearish pattern that I know of. Paul

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