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


To: GROUND ZERO™ who wrote (44210)10/24/1999 2:24:00 PM
From: Lucretius  Read Replies (1) | Respond to of 94695
 
well, if you consider that the A/D line has busted thru the July 1996 low and that the indexes historically fall to "catch-up" w/ the a/d line eventually..... you're looking at something in that area. But the intraday volatility will be enormous. Just before the biggest fall, there should be an enormous intraday rally off the lows that "looks" like a bottom, and we will already be "oversold" at that point... THEN the bottom will fall out. who knows where that will be from.... i may have covered before it happens too -g-

we'll see... maybe we'll see 12K this week instead -g-