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


To: Haim R. Branisteanu who wrote (31296)10/12/1998 11:41:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
Which date in 29 are you looking at?

David



To: Haim R. Branisteanu who wrote (31296)10/12/1998 1:43:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Haim, forget the ghost of 29', we should have had follow-thru selling in early September or after this last sell-off to take out supports and close below them convincingly. That ghost will be the wall of worry to climb up.

The nasdaq should rally this week to the 1600 area then come down and retest 1500 area again, then it's off to the races.

The Dow has a failed H&S pattern that projects to 11,400 by April 1999, then I'll get really bearish again -g-

forget that fundamental stuff.

bb