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


To: William H Huebl who wrote (16880)4/20/1998 12:40:00 AM
From: Berney  Read Replies (1) | Respond to of 94695
 
Bill, You know it's all your fault. I was a happy little FA guy until you convinced me that it is only TA that matters.

May you live in interesting times! This week is in MHO the pivot.

BAMBI attempts to ascertain what is happening with the big boys on the premise that it takes a lot of little guys to offset the movement of a GE. BAMBI is giving, much like your indicators, mixed signals. Overall I get a negative 13 to 15 with 2 undecided. But, 18 of the DJIA stocks beat that Index last week and this can only be construed as a positive.

Friday saved JNJ from giving a bearish signal, but, alas, it couldn't save PG. On the other hand, AA gave a bullish signal and was down. Tough to read. Is this why we get paid the big bucks?

Alas, we're still here and Mr. Plonk is gone. Maybe some day we will be gone as well!

Berney