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

To: bobby beara who wrote (33888)	11/17/1998 8:53:00 PM
From: HairBall	Respond to of 94695

bobby: One could also argue that the McOsc has put in a double top and the adv/dec line is not supporting this latest move up and the McSum is stalling. Also, note the weakness in the RUT and TRANS. RUT is trying to roll over and the TRANS is thinking about it. Now after saying all that: My own stuff short-term is mixed, but pointing down with a loss of conviction and mid-term is still saying up, for now! GUT FEEL, the Market may retest 9100 and possible move through to test 9200, then a pullback of some magnitude. The pullback or lack of, may well let us know if this is a Bear Rally or a resumption of the Bull. However, I am not married to any position...<g> BWDIK Regards, LG