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


To: bobby beara who wrote (33957)11/18/1998 3:51:00 PM
From: Terry Whitman  Read Replies (2) | Respond to of 94695
 
The appearance of permabulls on market strategy threads is, I believe, the 6th sign of the Apocalypse. One more to go....

THDMAPFP Update: Since the NAZ composite has obviously blown through the 200 day line, my favorite little indicator sez we go on up through +15% before topping. Current estimate then is 2050 for a sell signal.

Bearish sentiment would be quite low by then, I'm certain.

TW



To: bobby beara who wrote (33957)11/18/1998 4:21:00 PM
From: Death Sphincter  Read Replies (1) | Respond to of 94695
 
still got my pants on Bobby....if the drop from the high yesterday was the beginning of a Big C down then it was a wave 1, to be followed by an up wave 2...and you know how #2 waves can retrace all the way back to the beginning of #1 and what a nailbiter it becomes....
it is why i am not in deep yet......if it exceeds the highs yesterday it fits in as part of the final 5th wave before a BIG drop, with the power of the Oct. rally it would be wishful thinking to believe it will immediately do a total nosedive without putting up a fight with lots of kicking, screaming and garment shreading......shoes and socks,shirts and ties are flying in the wind...will the Bovine Emperor
realize it has no clothes when it is too late?

partially clad
carl