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


To: bearshark who wrote (11949)12/20/1997 7:31:00 AM
From: GROUND ZERO™  Respond to of 94695
 
Hi bearshark,

I agree, the selling is over, for now. My NAZ stocks were actually up on the day. My problem is that I'm not technically convinced that the bull is really dead. I don't think I'm in denial since I really don't care which way the markets go. To me, the major trend is still up. There's a debilitating tendency to get too close to the trees when we watch these markets every day. If the DOW violates the October lows, it's a bear. I will be long gone. But when selloffs find calculated support above that level, companys should be bought. The old addage, buy low. BWDIK

Have a good one.

GZ