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

To: GROUND ZERO™ who wrote (33243)	11/7/1998 10:02:00 AM
From: Skeet Shipman	Read Replies (2) \| Respond to of 94695

Hi GZ, Is that the smart money or the average investors'? Skeet

To: GROUND ZERO™ who wrote (33243)	11/7/1998 10:07:00 AM
From: Vitas	Read Replies (1) \| Respond to of 94695

GZ: "The Russell 2000 small-cap index is up 26.7% from its 12-month low on Oct. 8, through Wednesday. That's the biggest 20-day increase since the inception of the Russell index in 1979, says the Tacoma, Wash.-based Frank Russell Company. The previous record was 23% in January 1991. That spike began a record-setting year for the Russell in which the benchmark gained 46.1% during the calendar year. Mutual funds invested in small companies in 1991 averaged a whopping 51.8%." --------------------- Vitas

To: GROUND ZERO™ who wrote (33243)	11/7/1998 6:16:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

GZ, BKs can be either way... and we have had both! Bill PS One of the indicators I have shows a step function rise...

To: GROUND ZERO™ who wrote (33243)	11/7/1998 7:02:00 PM
From: robnhood	Read Replies (2) \| Respond to of 94695

GZ,,,--- tfc-charts.w2d.com Wow , narry a negative thing to say---

To: GROUND ZERO™ who wrote (33243)	11/7/1998 9:02:00 PM
From: bobby beara	Read Replies (4) \| Respond to of 94695

>>>and the big Kahuna might just be an explosive upward Kahuna after all.<<< GZ, I think yuu right - We already had the down Kahuna. On the NYSE we pushed above the August tops last week and retested and jumped off them. I know your knot into elliot -g-, but I believe we could have and extended fifth wave up, if you count wave 4 ending 10/28. We are in a rally off the 9 month cycle, similar to the rallies off 4/12/97 and 1/12/98. This sucker is way overbought, but the only pullbacks are flat days -g- I believe now that we did have the 4/8 year cycle low on 10/8 and even had a 24 year cycle low. In 1974 Nixon resigned. In 1998 Newt is out. I do believe we will have a nice pullback after this move, however I dont' think it would be prudent to go short (unfortunately I did a little last week -g-) until we break the uptrendline off the lows.