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

To: Paul Shread who wrote (34799)12/2/1998 2:48:00 PM
From: geewiz  Read Replies (2) | Respond to of 94695
 
And market demand is the source of revenues; I admit thats' a fundamental concern and does not belong on this thread.

In so far as it's demand for equities though, I read this week that mutual funds had increased cash positon to 9% which must mean significat increase in equities allocations. Wonder if that's enough to pop to 10,000?

art



To: Paul Shread who wrote (34799)12/2/1998 3:12:00 PM
From: yard_man  Read Replies (2) | Respond to of 94695
 
>>the lack of confirmation by the Transports <<

Not sure I follow you here. The transports continue to be below 200 dma which they broke prior to the first big decline.



To: Paul Shread who wrote (34799)12/2/1998 3:23:00 PM
From: Jay8088  Read Replies (1) | Respond to of 94695
 
Those are good points. But I am skeptical that you can pinpoint 4 year cycle bottom to the day!


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