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


To: Arik T.G. who wrote (34736)12/1/1998 4:00:00 PM
From: donald sew  Respond to of 94695
 
Arik,

Noticing a bit of sluggishness after the DOW rallyed about 140 points off todays lows around 1:30, since then the DOW has been relatively flat. Im am sensing the possibility of another STAIRSTEP developing in the form of a WEDGE, PENNANT, or FLAG. If the DOW does not pop up hard in the next few days, such may be the case.

The strong rally in the NAZ is quite narrow, and limited to the BIG NAZ stocks.

Seeya