Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (35346)	12/16/1998 5:58:00 PM
From: bobby beara	Read Replies (2) of 94695

end of day beara report Clinton Sucks! Amazon dot com touched the trendline from the 4/3 and 7/7 tops today on panic buying climax volume. AOL tried to break to new highs and just peeped above it's old high. Yahoo busted out of it's symetrical pattern, but did not have the powerful follow thru. and then there was one (and of course beara was BAMMing at the top -g- to set the peak -g-) The CRB has a nice V bottom like off the September low and had a similar oversold RSI reading at the bottoms of June 15 and Aug 31. We are up against the August support. I believe if we take out that support (now resistance) that the end of the downtrend in commodity prices from 96 is over. Oil Drillers and XAU had big moves off bottoming formations. Three Higher highs in the OEX April-July-December Three Lower lows in the A/D line. bb

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