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


To: Brad Bolen who wrote (43454)9/13/1999 2:52:00 AM
From: Jorj X Mckie  Respond to of 94695
 
Brad,
thanks for the response. I too agree that this week is a crossroads. I have many of the momentum stocks at resistance points as well as some of the indices. I use point & figure charting and right now, the indicators are generally bearish. Additionally, for fundamental reasons related to slowdowns in the techs that I foresee, I expect the trend to be down. It is a tough call and I am mostly positioned bearishly, I can actually benefit by a strong move in either direction.
JXM