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


To: P.Prazeres who wrote (42888)8/10/1999 10:22:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Paolo, you have made some very good calls both bullish and bearish and i agree with these criteria, but with the following qualification:

"""Now the keys to watch (should we get this relief rally) are the following:
- heavy volume
- whether or not the Dow can break through its 50 day MA
- more advancing issues than declining ones
- decrease in the number of new lows
- DECLINING INTEREST RATES


advancing issues should be 2 to 1 or better yet 3 to 1 given the blowout on breadth and a few days of 3 or 5 to 1 up/down volume and a $ rebound.

watch for the bulls to run to the few that got them here, showing that the liquidity driven bull is running out of Dr. Pepper.

bb