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


To: blitzfund who wrote (80237)6/30/2008 2:48:55 AM
From: Kailash  Respond to of 94695
 
"The optimists on Wall Street are hoping that last week's plunge marks the third low in what stock market technicians call a "triple bottom" — a trading pattern of three lows, followed by a rally. The Standard & Poor's 500 index, one of the broadest measures of the stock market, briefly fell below the 1,280 mark this year in January, March, and now June."

How's that for optimism: we're just basing, getting ready for the big surge to new heights!



To: blitzfund who wrote (80237)6/30/2008 11:27:47 AM
From: blitzfund  Read Replies (2) | Respond to of 94695
 
Kailsih, that is great news for da surfers in da big kahuna, that we will not have any capitulation on high volume this short week!

charts3.barchart.com

cuz we (the world) are used to drifting while the next kahuna waves forms and blah blah blah is heard of the megaphones saying no more waves are on the horizon........

surfs calm until after da 4th,(maybe till da 3rd) when da contest resumes, IMHO BWDIK

Blitz