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

To: Lee Lichterman III who wrote (31947)	10/18/1998 9:50:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Yep, Favors is capitulating. We needed to break the bearish bubble before we could turn back down again - just like 9/23. Killed the shorts off so we could have another pole down. Then will have another flag up and everybody will think it's over again. Just turn the bull market upside down. I got worried when I became bullish this last week and too many people started agreeing with me -ggg- Don't fight the fed!!! and if the fed is in a way out of character panic . . . . . . . . The exclamation point to end this bull run has yet to happen. We have yet to set off the new and improved circuit breakers or take out the 14 week RSI low which happened in 87 - a 500+ week gap. The last gap this big in the 14 week RSI was the bull market of the late 40's and 50's. The H&S pattern and the long term trendline breaks are obvious signals that most t/a people will look back at an go darn, why did I go bullish when the guy with the ears and tails hasn't even gone trick or treat yet -g- (hint - no treat -g-) Glad your getting swimming lessons, make sure and get a wetsuit - don't get one of those sissy surfer wet suits either -g- bb