Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (40270)	5/27/1999 5:56:00 AM
From: Skeet Shipman	Read Replies (1) of 94695

Bill, Sometimes it's hard not to get emotional and I reserve the right of my indicators to turn anytime. Now, this is the way it looks this morning: The battle is on and it's not hot to be bearish on SI threads. The leading sectors are getting further out of phase with each other. The support that failed easily on the way down will probably be resistance to this bounce. It will be the battle of the bounce with the advancing troops ready to disband with any significant sign of resistance. We will probably know by 10:30am how much staying power the techs have for a rally, if it occurs today. The rally may take out a few resistance levels. When it fails get short any sector you want. For without revitalization of the bulls money supply lines, the advance is doomed to failure. It may not be today but soon. The Raving Bear <ggg> Skeet Oops I'm long this bounce as of now!!!!!! The way it looks I need to be rooting for the bulls to rally.

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