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


To: bearshark who wrote (31986)10/19/1998 10:21:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
RUT was up .85% a few minutes ago. My only stock that is down is my biggest cap: SWY. Financials are also up strongly. So far my theory that this rally sees battered sectors converge a bit with the large caps/techs is holding up.

David



To: bearshark who wrote (31986)10/19/1998 12:12:00 PM
From: GROUND ZERO™  Respond to of 94695
 
bearshark,

The a/d is healthy.

GZ



To: bearshark who wrote (31986)10/19/1998 5:05:00 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 94695
 
bearshark, I noticed in the last several days that around noon the markets takes off like a rocket.

My theory is that the dipsters are buying blindly "dont fight the FED theory".

I do not remember who was asked if this market will not resemble the NIKKEY and the answer was "We are not Japan" (speaking of arrogance)

Further Prechter was today on CNBC (not that I subscribe to his theories) as soon as he was trying to convince the audience to take advantage of the recent sharp market rise and sell stock CNBC removed him from the set!!

Interesting very interesting. <ggggg.>

I think that Bulls are notorious to be taken to the slaughter <gggg>

Haim