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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (37974)3/5/1999 2:55:00 PM
From: donald sew  Read Replies (3) of 94695
 
Carl,

I think one of the KEYs to this upswing is the NEW HIGHs/LOWs which has improved quicly, and if it continues to improve I have to turn bullish for the mid-term(30 days).

Now if the NEW HIGHs/LOWs weaken again easily then the market is comingdown.

I am getting sell signals and suspect a top MON/TUE and some sort of pullback there after. If that short-term pullback is weak we could head up further.

On the negative side the momemtum leaders, the HiTECHs and INTERNUTs are now whimpering, so the big boys could just be moving their money around.

seeya
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