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

To: ViperChick Secret Agent 006.9 who wrote (19588)	6/1/1998 8:02:00 PM
From: Haim R. Branisteanu	Respond to of 94695

Lisa, most TA indicators do not work in a strong trending market. During the last several years the market was going up even that the traditional TA indicators signaled "overbought" condition. Now we are starting entering a big down trending market and all indicators will show oversold and the market will be still going down. For several years the bears got in the dog house now it is the time for the Bulls. Just look how wishy washy Acampura Batapaglia and others are or better said spineless. All those "bulish" pundits are there only to sell stock to Joe sixpack market only goes up. The last 10 weeks of broadening top just got every one tired. BWDIK Haim