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

To: Cyclops who wrote (18827)	5/20/1998 5:20:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 94695

Huh?? Do you mean when he said this week will see the big "bull run" and later changed it to Tuesday which then he changed it again to Tuesday being a "narrow" rally and Wednesday being the big "up" day? In actuality at one point in time Tuesday was 100 down, and now today which at the last minute, probably assisted by program buys, the market saw 100 up from a day that spent most of its time hanging about 50 or below with the NASDAQ closing down near one percent. The S&P 500 did see a whole 0.5% gain here! I am sure the A/D and the new highs to new lows statistics are equally "impressive". Is this what you call a booming day for the bulls as predicted by Bobby? Are we looking at the same indices? I think there is a definite need for a program similar to Alchoholics Anonymous here at SI for people who have been bitten by the sentiment bug. I think the best that can be said about today is that there was a last minute improvement that still needs to carry through both in price and in other respects like for instance in breadth before it can be considered bullish and portend more bull days to come. Bob Graham