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

To: bearshark who wrote (30597)10/7/1998 11:06:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
bearshark,

I also have this continuous suspicion that 7400 will eventually crack, but I need to have more proof, as you also indicate. If 7400 does break, I suspect it would be violent. We'll see.

Later...

GZ



To: bearshark who wrote (30597)10/7/1998 11:14:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
Our current position corresponds to a 34 week Bollinger band on SPX. It seems to be very hard for the index to go lower. It keeps bouncing back again.

Somehow in 29 and 87 it crashed right through after bouncing a bit. Well I have only looked at a chart haven't got the data. If anyone out there does it would be very interesting to find out where this Bollinger Band was at then.

David


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