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


To: bobby beara who wrote (18671)5/18/1998 11:27:00 PM
From: tide  Read Replies (1) | Respond to of 94695
 
Thanks for your analysis. I do not know Elliot wave at all but do have a very strong feeling that we will see a scary tumble with a lot of stocks quite soon. I will not be long on very many in the immediate future, but have some junior positions & feel that some of them are in a special niche which may be somewhat immune to the dropping of overall markets & the big ones.

Not considering DAL, nor will I be apt to short there, but in watching candlesticks a bit, have gained some respect for their signals & DAL actually appears favorable to me. Would not put my money into something strictly on any one such signal & doubt I could have enough faith in EW to rely on it's apparent indicators to follow it alone, even if I were knowledgeable of the theory.

Will be looking in a bit & trying to gain more knowledge.

tide