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Strategies & Market Trends : Waiting for the big Kahuna
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To: Haim R. Branisteanu who wrote (34654)11/30/1998 7:50:00 PM
From: bobby beara  Read Replies (1) of 94695
 
Haim, my brain did a little wrinkle when I saw that on the charts today. That big drop is spilling out of a 2 month triangle peak and has bearish implications, now we may have both the trans and the utes non-confirm the next dow peak after this pullback - Santa must think we been naughty -g-

if you long you wrong - it's back -g-

until further evidence, I think we made a double top, with a big share volume reversal day, with netmania running wild and historic bullish sentiment, while the farmers would rather shoot their hogs than sell them this cheap - more cost effective.

bb
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