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

To: Gersh Avery who wrote (32741)10/29/1998 8:37:00 PM
From: Moominoid  Read Replies (2) | Respond to of 94695
 
BTW anyone notice the S&P broke the 200day north?

It also broke the 34 week (170 day) ma and the channel of the April-June trading range. The chart looks somewhat analagous of the beginning of the July rally.

David



To: Gersh Avery who wrote (32741)10/29/1998 8:38:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Gersh: Yesterday the INDU and INX began to react to the up volume. That is one of the things I was watching. I would not be surprised to see an explosive day on the upside tomorrow. I kept my eye on the INX and RUT all day.



To: Gersh Avery who wrote (32741)10/30/1998 6:02:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Gersh, David and BS,

The BTDers are NOT back in full force yet... but there are plenty of em warming up in the "BULL" pen.

Once THEY hit the trading floor, THEN you will see fireworks.

Not to say we couldn't have more days like yesterday... it is just that there is still too much uncertainty for them apparently.

Would prefer more downside before more up... but it is Mr. Market's decision and not mine to make.

Bill


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