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


To: bobby beara who wrote (33046)11/4/1998 6:31:00 PM
From: yard_man  Read Replies (3) | Respond to of 94695
 
That would qualify as a last cruel spike up.

I'm not joining your camp, yet. I still have some money left. <g>

DOW 6000 next year.



To: bobby beara who wrote (33046)11/5/1998 3:36:00 AM
From: Jay8088  Read Replies (2) | Respond to of 94695
 
I am not sure that internals are all that strong. The SPX etc. indexes have retraced 60-70% or more of decline. But A:D line has barely retraced 30% of decline from the top.

decisionpoint.com

In terms of A:D we are at DJIA 7000 level (on the way up, before 7/20 top).