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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jerry Olson who wrote (38288)3/11/1999 10:42:00 PM
From: bobby beara  Read Replies (2) of 94695
 
Jerry, I agree - you can't argue with new highs on the dow, spx, oex and the internals improving (mclellan oscilllator/summation)

however we still have a market in tension with the nasdaq and oex greatly diverging from the nyse.

not healthy.

at some point the balance will be restablished.

the more the tension the greater the snap back.

I'm guessing a pretty big snap in the summertime.
bb

>>>>BK...not a chance...not in this lifetime...not in Bill's lifetime...<<<<

a 20% drop last year was a decent BK, your phrase is somewhat consensus opinion and consensus opinion is usually wrong - so

WATCH OUT! =-=G

and i confess i too boinked monika -g-

and have talked to my rabbi, priest, and pastor about
it -g-
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