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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 (73369)6/19/2006 1:16:37 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
You could be right, although I think BK has a low probability.
If you want an October bear market bottom, the market should
continue to decline now. If we rally to new highs now, odds will
favor October producing a relatively minor decline, I think.



To: William H Huebl who wrote (73369)6/19/2006 1:22:07 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
How about these hedge funds that have been selling volativity?
They can produce a decent initial selloff. And, in an asset-
based economy a stock market selloff is the economy. During
initial rally off 2003 lows I remember none of the overbought
reversal indicators really worked.