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


To: HairBall who wrote (36219)1/9/1999 12:14:00 PM
From: Berney  Respond to of 94695
 
LG, I believe I indicated that I really appreciate the effort!!!

As for the Velcro dudes, I'll stick with GZ. His A/D line turned positive this week for the first time since mid-December. I'm also tracking a 25 day moving average on the new highs-new lows, and its about to go over 1,000. I just don't see the signs of weakness.

I decided I would use the Senate trial as my short-term indicator to see if the market had changed in its reaction to uncertainty. Nope.

Since I've been playing NAVR with you, we both recognize that the nutz are still going nuts. The cyclicals on the DJIA were impressive this week. In fact, the only sector that looked a "little" weak was the Drugs. I agree that its going to get ugly, but why fight the tape.

Berney