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

To: GROUND ZERO™ who wrote (32487)	10/27/1998 7:45:00 AM
From: Robert J. Partridge	Respond to of 94695

GZ, Take a look at Germany - quote.yahoo.com^GDAX&d=5d Up 2 1/2%. If you look at the one year, you can see it decisively broke the downtrend that started early July. Also look at the crash index, wwfn.com , they've got a +8, and +6 is where they recommend going long again. I'm like many on this board, I found it very difficult to believe that the rally that started two weeks ago was more than a flash in the pan. As it approached the resistance points, I thought surely it would fail. Now, it has taken on a life of its own, with a touch of mania. The NASD just refuses to quit. The DOW has done a minor pullback, but the NASD is like a distance runner that briefly slowed at a water station. I'm going to the sidelines today, will wait until this thing gives clear indications of going back down. Robert