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


To: William H Huebl who wrote (68686)2/17/2004 11:17:39 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yeah. I think someone is constantly showing up at 50DMA to buy
heck of a lot of futures in this market, even when other
technicals become bearish. That someone could be Mr. Market.
Or, it could be a huge buyer like the Fed itself. Or, it
could be some other huge futures buyer. Or, it could be
a bunch of little guys buying it. I won't fight it, whatever
it is. But I believe it will fail, eventually.