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

To: donald sew who wrote (34555)	11/28/1998 2:07:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Donald, I remember one commentator say during early October, how much more bad news can the bears bring out? Now you have to ask the same question, how much more good news can the bulls bring out? -g- I think the AOL/NSCP deal is a blockbuster bullish news topping story. Also like July, the summer rally ended before the summer was out and this Santa Rally will end way before Rudolph even gets warmed up -g- The volume on the coming down days will tell the story. I think we are reaching a point of supply that will have to be distributed. This last leg up has all the characteristics of a fifth wave move, narrowing breadth and heavy speculation - a move below zero on the Oscillator should be a good sell signal. Here is an indicator for you -g- I was looking at this stock echo and it has big volume gap up days on 4/20&22 - 7/20 - 11/27, all other trading days in the year were on less than 5% of the volume of these big gap daze -g- Do you Echo my sentiment -g- Another fib relationship - Friday was 21 days from the 11/6 top. bb

To: donald sew who wrote (34555)	11/28/1998 6:16:00 PM
From: Investor2	Read Replies (1) \| Respond to of 94695

Re: "Many of those who did not get out in JULY in the 9300 range, are now even more reluctant to sell." Add to that the number of people who did sell out (perhaps even just a portion of their holdings) and didn't buy the stocks back when the market went to the 7000's. These people are now seeing that the stock prices are back to where they were when they sold; they sold their stocks for nothing. In fact, the only benefits they received were: 1) the opportunity to pay Uncle Sam a large capital gains tax bill; and 2) the chance to be sitting on the sideline in cash, watching one of the greatest market bull rushes in history. Best wishes, I2