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


To: Amelia Carhartt who wrote (42940)8/11/1999 4:10:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 94695
 
Susan, as much as i despise this bloated overvalued market and the insufferable arrogance of the bulls and the investing public (i had to say that), most of what i see indicator-wise says this rally may still have some more legs in the short term. i am still negative for the medium term, but even that opinion hinges mainly on the market NOT hitting new highs. there is evidence that the rally is greeted with distrust and that usually means it will go on for a while. if no unforeseeable exogenous event upsets things, the calls for a BK will once again have been for naught...

regards,

hb