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

To: MythMan who wrote (34235)	11/23/1998 7:46:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 94695

MM, I don't think it's ending, I do believe we are getting near a short term top - things are getting parabolic and panic buying. I would like to see all the indices get well into record territory over the next few days and then just retest the July highs before the next screaming up move. 10,000 she bop she bang. The russell 2000 made a less than 1% move today while the majors were making 2+% moves - not good for small cap aficianados. Breadth is good, but is starting to narrow, I think when we get a reversal in the Oscillator, we will probably make a lower low in the Oscillator along with the higher high in the indices. I think that is coming soon, within the next several trading sessions. bb