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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (40748)6/18/1999 8:48:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 94695
 
Bill, that's what i thought at first, that the blow-off already occurred. the only problem is that the decline following the highs set in april/may didn't conform to a post blow-off decline - not violent enough. the market did look sick pre-CPI though, but some of the internal weaknesses have been rectified meanwhile. i would agree we are overbought short term, so maybe a consolidation-type pullback is coming. isn't SNE a play on the japanese market?

regards,

hb