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

To: Haim R. Branisteanu who wrote (29028)	9/26/1998 3:08:00 PM
From: bobby beara	Read Replies (4) \| Respond to of 94695

Haim, MEGA KAHUNA WATCH! LTCM Iceberg Struck! Major Earthquake off Newfoundland - Tsunami Headed this way. We are possibly just completing the backside rally, like 1929, in which a failed buy signal came in and many players started getting very bullish in the new era issues. One of my wave counts shows a completed wave on September 1st and we are now in the final stages of the wave 2 mega rally. In 1929, the next wave down was 230% of the first wave down on a closing basis. That would put us at 4200 on a closing basis by the end of October, before the first rally and then a retest with a lower low. The extremes in sentiment indicates we are at pivotal turning point. bb