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


To: bobby beara who wrote (26957)9/8/1998 8:06:00 PM
From: robnhood  Read Replies (3) | Respond to of 94695
 
bb I agree, This is IMHO a most definite BM rally. Fast and fiery and out of the blue.er um red. <g>



To: bobby beara who wrote (26957)9/8/1998 8:17:00 PM
From: P.Prazeres  Read Replies (2) | Respond to of 94695
 
Bobby,

I think the lows of last Monday were tested on Friday.

New lows are contracting (Over 1000 last Monday, just over 100 today).

Expect that this number continues down and new highs start expanding this week. If that happens, 9000 wouldn't be very far away........ ....On any weakness, it may be time to get back in.

Up volume to down volume ... positive
Overall volume ... positive
Early afternoon weakness, gobbled up in more buying.

Favorite picks.
LLTC
MSFT
DELL
KO
HD
PFE
INTC

and for shits and giggles, I'll throw in a small cap that is making money and trading around book value...MTST.

Paulo