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


To: set who wrote (35357)12/16/1998 11:45:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
Shahar, powerful reversal in the CRB, the vertical drop from the consolidation pattern had the look of panic selling price bottom to go with the momentum bottom on 8/31.

Drillers have a nice triple bottom pattern and the XAU looks like it may have completed and ABC correction.

Tech bubble is expanding, in April and July, Warren Buffet had a smile, now a frown, he thinks chip stocks are led by Pepsi -g-

I see in my crystal ball the S&P making new highs while the DOW lags miserably - if we get that far.

bb



To: set who wrote (35357)12/17/1998 8:48:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Shahar, so much for that downtrend in commod's being over. What a reversal on the CRB right off the rounded top neckline @ 195.

Equity market looks like a popper for Santa, we are going to war and impeachment vote is a shoe-in in the House and the market goes up.

That is definate bullish disregard for bad news -g-

I'm NUTZ about AOL -g-

The internet is where it's at -g-

I think we are going into wave 5 from 9/1 lows.

If wave 1=5 we should top around 9459. Did a fib .382 wave 4 retrace, just like april-june wave 4.

bwdik,
bb