Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (34003)	11/19/1998 2:15:00 PM
From: SE	Read Replies (1) of 94695

The SPOO looks like it could go either way. It is way overbought, but that doesn't mean shit and I have some divergences that say down is the path of least resistance. However, it also appears that if any strength comes into the broad market...and I don't see it now in way of the TICK, the thing could run to 1160 before turning south. In either event, I think we are at or very very close to the top. If this thing continues up from here I will certainly be surprised, but heck anything can and usually does happen.

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