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


To: yard_man who wrote (26461)9/4/1998 6:39:00 AM
From: William H Huebl  Respond to of 94695
 
Tippet,

I think we are saying the same thing. So I will rephrase:

- mass psychology is slow to change.
- events (like BIG drops or BKs) tend to push market behaviors into mass behavior psychology.
- reaction to similar events MAY be similar, IFF (if and only if) they are fairly close together AND mass psychology has not changed.

A few bat wings and eyes of newt help out at time.

Bill