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

To: GROUND ZERO™ who wrote (11482)	12/13/1997 5:46:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 94695

Hi GZ, this market is a slippery >>>The bear coil was so obvious, but even I bet against it<< Here we are watching the S&P and Microsoft climb an exhaustion peak and all the little tech companys with Asian exposure continued weaken as their charts told us what was coming. God is in the details. I think any rally off so-called good news from any IMF summit will be political rhetoric. This could result in the failed rally attempt (after all Santa Claus is only a myth -ggg-) to complete the H&S pattern. The actions of the FED are and will speak louder than words. Korea is undergoing a 1932 style crises, been reading a lot about it's affect on local LA Korean community - devastating - local tourism and export to Korea business completely dead. The Nikkei has the same bear coil, let's keep an eye on it. bb