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


To: bobby beara who wrote (11703)12/16/1997 3:20:00 PM
From: GROUND ZERO™  Respond to of 94695
 
Hi Bob,

Thank you. I just don't see a coil in the SP's. I see higher highs and higher lows, a healthy bull picture moving up at a respectable rate. It just does not look heavy to me at this point. We saw a violent selloff probably due to the fact that all the markets were reaching a trading cycle low at about the same time. This doesn't ignore the fundamental problems facing these markets. The fundamental problems probably helped to cause simultaneous lows. BWDIK

GZ