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


To: Archie Meeties who wrote (79562)2/21/2008 8:07:37 AM
From: robert b furman  Respond to of 94695
 
Hi Arch,

To be honest,I've been hoping for one last dip.

A dip in which price hits new lows but most of the indicators flash positive divergences.

I've kept some powder dry and I would like to use it.

That being said - if this market wants to take off up - I' major long and can jump for joy on that idea too.

In a long term view,my stocks always have a final shakeout and I always expect the worst.

Certainly have not seen that pick up in volume as the shorts cover - which would be part of a right cup or breakout into new leadership.

BWDIK

Bob

Midcap,Russell 2000 and tech ( Sox) looked good yesterday.



To: Archie Meeties who wrote (79562)2/21/2008 12:39:55 PM
From: Berk  Read Replies (1) | Respond to of 94695
 
Arch,
Any reason for saying that?