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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 (17053)4/22/1998 8:35:00 AM
From: Barbara Barry  Read Replies (3) | Respond to of 94695
 
Bill,
I pulled this off reuters:
"

But despite rewriting the record books, traders said the overall market appeared to be losing
momentum.

''It appears the market is stalling out on the upside, catching its breath,'' said Kenneth Ducey,
director of trading at BT Brokerage.

It is getting tough to figure out sentiment now that so many pros are sounding negative.Last week I knew this market trend was strong,but now I am wondering about this recent speculative fever e.g ktel?My charts still look good BUT now this psych thing has thrown me a curve ball.Those guys I quoted above don't seem to have noticed the volume and new highs yesterday.I don't see a correction this week,but what I am starting to think,is that the correction could more severe than I thought.
Any thoughts anyone?
Regards,
Barbara



To: William H Huebl who wrote (17053)4/22/1998 12:54:00 PM
From: Mike M2  Read Replies (1) | Respond to of 94695
 
Bill what is the name of the newsletter guy who shares my view that it is too late? thanks Mike