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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (37883)3/3/1999 7:16:00 AM
From: bearshark  Read Replies (2) of 94695
 
Vitas:

I have a stronger buy today than yesterday. However, it is one of those short-term things. It could have enough energy to lift the INDU by 100 to 250 points over the next several days. That would lift the INDU towards the top of its triangle. For me, this is an opportunity to see if the market can do what it shows it can--kind of living up to one's potential.

However, the INX formation looks ominous but it could turn positive. This is an excellent opportunity to sit back, let the market decide what it wants to do, and sneak in to make some money in the confusion.

My cave is clean and spring is near. I am peering out of my cave entrance and getting excited about the possibilities for some easy pickings. I just want to be sure about the first step.
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