Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (34819)	12/2/1998 4:46:00 PM
From: Paul Shread	Read Replies (2) of 94695

Thanks, Donald and Terry. My understanding is the averages have up to five months to confirm each other; Terry says two or three. We have some time. I agree a narrow rally is not good. We need participation to broaden. However, the relative outperformance of the TRAN and the RUT is encouraging, IMHO. I believe the TRAN set a new high for this up cycle today. Has that GM theory been tested in recent years, Terry? Paul

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