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


To: Jay8088 who wrote (34036)11/20/1998 2:07:00 AM
From: Real Man  Respond to of 94695
 
Great if so. I'm more afraid of a total meltdown due to unwinding of overextended leverage. Don't expect to get paid if you hold putz then.



To: Jay8088 who wrote (34036)11/20/1998 2:27:00 AM
From: Berney  Read Replies (2) | Respond to of 94695
 
Jay8088, Re: The Sky is Falling

Is that really you predicting higher highs? You must be smoking (and inhaling) some of that wacky weed or sniffing some of Carl's glue.

Someone really needs to let OEX know that the end is here! Tonight I got buy signals on the bank and phone sectors. The market, Trans, Drugs, Retail and High Tech get continuing strong buys. Yet, there is probably some other segment that is important. I did get an "AVOID" on gold. Then, the continuing buy on the semiconductors is weakening, probably expected after their run.

Alas, today is wacky Friday and anything can happen.

My newly designed TA signals with no back-testing say "not yet." However, they are designed, not to identify the top, but let me know a day or two latter. I'll accept that level of error.

Then, I really do enjoy walking out on the limb, saw in hand.

Berney



To: Jay8088 who wrote (34036)11/20/1998 12:53:00 PM
From: Death Sphincter  Read Replies (1) | Respond to of 94695
 
well Jay, in my book the minimum targets for this current move up were 9000 and 1147.....when they got there the stalled momentarily and said 'hey,bull market, up waves are not allowed to stop at minimum targets, we must stretch out and get every last point' corrective waves have stopped at their minimum or less everytime.......it is the nature of this beast....stupid me thought it might be different on this wave, yeah right.....there will be a strong one down, just from a little higher level and i bet it doesn't get near its max target, just to torture me

semi-naked and catching a draft

carl