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

To: bobby beara who wrote (30436)	10/6/1998 9:50:00 AM
From: Lucretius	Respond to of 94695

at some point, the consensus is right, bobby. Recall the magazine cover in 1982... "Birth of the Bull?"

To: bobby beara who wrote (30436)	10/6/1998 10:54:00 AM
From: HairBall	Read Replies (1) \| Respond to of 94695

bobby: I would not compare this down turn to any previous. I know folks are looking at 29, 87, 90, last year, (I know I left some out) but each is unique. I will stay with my cycle indicators. I strongly suspect, Mr. Market is heading lower! I expect today's rally to fizzle and retrace much of its gains and possible close flat. (+/- 50 points) The tech stocks should get a short boost from YHOO's earnings, then I will start looking for the next drop. I suspect Donald Sew's forecast will most likely be close! However, I am keeping a close eye on the Dow Utilities. They need to turn down and validate the Bear...soon! BWDIK Regards, LG