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


To: Moominoid who wrote (29861)10/1/1998 11:27:00 PM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
David, very hard to time this thing, but I believe the general direction will be down until mid October and any rallies should be used to add shorts. These waves washing ashore now are just sets rolling in advance of the Big Kahuna.

Take a look at the NDX chart, it has a very similar pattern to the spx chart last October, except on a much magnified scale. We are now on the south side of October 23rd.

The "Married to the Bull" newsweek cover is going to have an ugly divorce with lawyers and lawyerclintonspeak and all -g-

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