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


To: Vitas who wrote (33312)11/8/1998 10:43:00 PM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
4 year cycle

When I look at any of those recent 4 year bottoms I see at least a year of a trading range before we get anywhere near exceeding the old highs. On those grounds alone quite a large pullback (maybe to a higher low all the same) should happen soon. The action of the Hang Seng and Nikkei over the last few days shows the beginnings of such a pullback.

David