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


To: kas1 who wrote (11975)12/20/1997 2:55:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
Hi Kas!,>>As such, however, we should be discussing DJIA as a sentiment indicator (or a sentiment determinant), not as a true market gauge.

I agree. But if one looks at the composite information one can an idea where the most of the market is headed. There is generally one or two bull sectors in a bear market and a few bear sectors in a bull market. Gold is a good example of a bear market in a raging bull market.<ggg>

Joan