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


To: HairBall who wrote (31030)10/9/1998 3:15:00 PM
From: epicure  Read Replies (1) | Respond to of 94695
 
It doesn't matter which it is does it? As long as one keeps an eye on the indicators, supports and resistance. Why fight it- it is obviously a rally- take advantage of it and short it as soon as it shows significant weakness- right

Message 5964444



To: HairBall who wrote (31030)10/9/1998 3:17:00 PM
From: GROUND ZERO™  Respond to of 94695
 
LG,

I'm not sure. If the a/d indicator ever turns positive for more than one day, I'd call it a bull rally. Personally, I really think this is the beginning of a good rally to 8150 or higher, and would like to believe this is a bull rally. All the indexes completed measured moves down and bond holders are selling their positions and jumping back into stock, I think. The brokerage group gave major outside key reversals yesterday.

GZ



To: HairBall who wrote (31030)10/9/1998 3:24:00 PM
From: Thomas C (Hijacked)  Read Replies (1) | Respond to of 94695
 
I predict Monday or Tuesday we will slam down really hard most likely breaking through support levels...

history continues to repeat...

Tom