Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: randy kay who wrote (40492)	6/4/1999 2:25:00 AM
From: Berney	Read Replies (1) of 94695

Randy, you and others may well be right! I'm just not willing to buy into it yet and absolutely refuse to get involved in the scare tactics reflected in your message. We are simply in the middle of a long term trading range with the short term direction yet to be decided. If we actually close below OEX 643, then I'll dust off my bear claws; but, not until then. BTW, I already noted that the longer term lower trend line for OEX is at 595 (rising at 8 points per month) and I do believe we will hit it. I'm just not convinced we are in a meltdown mode. The only way you are going to see a meltdown is on significant volume. I will agree that the bears are in control at this point, but I equally believe that this too shall pass. JMHO & BWDIK, etc. Berney

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