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

To: Moominoid who wrote (23854)	8/11/1998 12:55:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

David; Your to fast, we got to do a Moon shot with the small caps before what you propose can happen. Jim

To: Moominoid who wrote (23854)	8/11/1998 2:58:00 AM
From: PaperChase	Read Replies (2) \| Respond to of 94695

>>This is the big Kahuna. We are right in the middle of it.<< Let me see if I can understand this logic. The Dow is presently higher than it was at the beginning of the year, after huge percentage gains from previous years, and we are now in the middle of a correction? Oh please. Corrections have a little more permanence than what you are seeing now. The correction has not even started yet. This is just a trading pattern. The correction will be fierce blocking all the exits thereby trapping the momentum geeks. The bears can't let the momentum boys out of the party wearing their victory smiles. <g>