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


To: William H Huebl who wrote (30375)10/5/1998 9:39:00 PM
From: Monty Lenard  Read Replies (3) | Respond to of 94695
 
Bill lets assume that we successfully retest the lows. Does that then mean that all is well with the world and the bear is over?

I have to wonder what is going to carry this market to sustainable higher levels.

I have noticed that many of the analysist have turned bearish and would normally say that this would be a good indicator that the "correction" is over. (if we are dealing with a mere correction)

If this is a bear market we have (which I believe) then this would go on for a much longer period of time would it not??

Monty



To: William H Huebl who wrote (30375)10/5/1998 9:55:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
Bill,
I caught that! You are peeking at funneymentals again!<VBG>
Regards,
BB



To: William H Huebl who wrote (30375)10/6/1998 6:21:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Bill,

I think the President scenario is yesterday's news. It may jolt the markets if ever so briefly, but the news about it is not immediately economic in nature and, for that reason mainly, I don't give it much weighted value.

I think we've tested the lows by now, maybe we'll try testing the highs. But, one thing for sure, these markets are definitely testing everyone's nerves whether one's a bull, bear, or just plain confused like us.

GZ