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


To: bobby beara who wrote (25550)8/29/1998 8:54:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Bobby,

Several weeks (months?) ago, I posted my belief that it really WOULDN'T be over until the SP500 got below the 1030 level or so (give 5% just in case... I think I said.) The rationale was that the 9 line break KAGI chart hadn't broken down AND STILL HASN'T!

(Ask and I will e-mail a current copy of the chart to prove that to anyone wanting a copy!)

So put me down as one who STILL needs convincing that it is all over! Remember, in 1994, the DOW went into consolidation rather than a major down-turn and it appears it is happening again... and the small caps are taking it on the chin.

Bill