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 (35672)	12/26/1998 10:39:00 AM
From: bobby beara	Read Replies (1) of 94695

Vitas, higher high in the indexes, lower low in the summation, perfect recipe for a correction, go back and read your chart - again! Easy pickens. >>>The Nasdaq a-d figures usually have a strong negative bias - strong stocks moving to the big board and insiders cashing out.<<< Only since 10/97, this bull is aging, this is not the start of a new bull market, the new bull market will start when we get a wash-out of all the speculative excess that has built up over the last 4 years, and 10/8 didn't do that. Charles Schwab even has an ad on TV telling people to buy the dip -g- This is not the kind of sentiment you would find at the start of a new bull run like 1982, 1990 or 1994. Brokers don't advertise on TV at washout bottoms, only peaks. bb

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