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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (38746)3/19/1999 9:22:00 PM
From: bobby beara  Read Replies (2) of 94695
 
>>>now just hold it right there, PAL!..are you saying you stink better than I stink?<<<<

you betcha, i got caught in the transport breakout bull trap.

Now all we need to put a finishing touches on the bull is for GE to gap open Monday which will give it the 3rd gap up from the 3/3 low and the final exhaustion and trap the last of the stragglers.

btw for fibonacci fans the nasdaq may have made a right shoulder here basis the 1/20 (a Gann day -g-) left shoulder and 34 fibonacci trading days from the nasdaq top.

XCI computer tech looks very sad, intel on an upgrade rallied into it's neckline and reverse closed on it's low and of course IBM was the big story that killed the Dow 10,000 close.

We are only a stones throw of going into negative on the McCllelan Oscillator and turning the summation down, major sell signal.

is 99 like 66 -g-

stinkee beara
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