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


To: Mark Adams who wrote (48812)10/12/2000 8:56:01 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Glad to have your thoughts!

I just posted the following as a PM and thought you might be interested:

What I am worried about is a true melt-down if the lems just decide to throw in the towel.

I had mentioned several weeks ago that I was seeing that mentality from anecdotal evidence... co-workers were just bailing wanting to preserve capital...

On the other hand, for the first time in 3+ years of being on the internet, I have gotten message after message trying to access various charting sites tonight that the servers were overloaded.

That tells me that we have a real case of fear developing! Healthy, but pretty late in the game!

My initial thought was we would have a bk before the BK... but if everyone tries to go through the sell door at the same time tomorrow, we may just continue on into the BK!!!

The only thing that strikes me is that 370 points or so is a pretty whimpy start for a true BIG KAHUNA!!!

BWDIK???