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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Lucretius who wrote (15896)1/15/1999 2:09:00 PM
From: wlheatmoon  Read Replies (1) of 86076
 
LT--My post on MB thread. What ya think? I'm crazier than ever?


Robert,
My thoughts are that the Naz is puttering. I think this runup is bogus. I think the pros are selling into strength. The big techs are up but not manic and the volume is average. The dipsters are having second thoughts. YHOO getting killed and I hate to say it, but I
think it's one of the leaders for the techs. The big up on DOW is primarily transports and banks rebounding. The banks rebounding makes less sense in that the increased devaluation makes their money loaned to Brazil worth even less. Somebody is boofooing somebody and I ain't bending over.

mike
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