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


To: bearshark who wrote (11922)12/19/1997 8:28:00 PM
From: GROUND ZERO™  Respond to of 94695
 
Hi bearshark,

I agree these markets appear to be suffering from the flu, but I think they'll recover faster than is generally expected. The prevailing sentiment is too bearish to be genuine. I don't know if we'll see 7550 again. If we do, I won't trust it. We may indeed be in the distribution phase of a bear market. We need to rally smartly off these lows to keep the old bull alive. If not, we are already in the big kahuna.

GZ