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


To: Terry Whitman who wrote (30604)10/7/1998 11:20:00 AM
From: Moominoid  Respond to of 94695
 
The 15% likely roughly corresponds to a 200 or a bit less (eg 34 week) lower and upper Bollinger Band. At least that's the case for SPX.



To: Terry Whitman who wrote (30604)10/7/1998 11:23:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Terry,

I didn't think you were knocking anyone.

I would be uncomfortable shorting a overbought market by 15%, it could be a blow off and just keep going. I would rather wait for some confirmation, this is why I use the indicators that I do use.

Sasebo is nice. I like the south islands, probably because they're closer to my home climate which is subtropical. I always went to Shikanoshima, a small island dotted with small fishing villages.

GZ