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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 (69135)	3/31/2004 6:43:12 AM
From: Skeet Shipman	Read Replies (1) \| Respond to of 94695

"No matter how 'rational' you feel in dismissing it, it comes back to haunt you every time." cbs.marketwatch.com Comparing the S&P 2000 to 04 chart with the Nikkei 1990 to 94 chart: "Every major sell-off and every major rally correspond to each other on both charts. Sometimes they're bigger on the Nikkei, sometimes they're bigger on the S&P, sometimes they're off by a month or two -- but ALL of them are there." What significance would these parallels have for the S&P? According to the editors, they would imply that the S&P should "sell off 20 to 25 percent in the next month or so, to below 1,000."