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


To: HairBall who wrote (27409)9/11/1998 9:31:00 AM
From: set  Read Replies (1) | Respond to of 94695
 
> it should happen today or Monday

why so? I reason that a consolidation of this significance
and magnitude should be identifiable on a long term chart.
The previous one ate up all of August. The bigger they
are the harder they fall right?

Still the morning looks weak and it will take very little
to break this, so it could be happing now. A break today to
the Aug low would still leave bulls thinking retest, so it
would be a good setup for a big monday.

Shahar