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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (37675)2/25/1999 5:36:00 AM
From: bearshark  Read Replies (1) of 94695
 
Good Morning GZ:

I am waiting for one or two things to fall in place for our move to 11,000. I have not had the time to read many of the posts on this thread but I remember that you are prepared for a move up. It appears many others are quite negative.

Everything I see indicates a desire to buy stock by well funded entities--those with the money to make things move. This is not as good a set-up as last October because this correction in the INDU and TRAN has ben a line and not an actual decline.

If one or two more things fall in place to confirm what I am seeing, we could get a very violent move up. However, if not and we fall below 9000 (INDU) and 3000 (TRAN) I will be extremely negative.
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