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


To: donald sew who wrote (37826)3/2/1999 9:37:00 AM
From: Monty Lenard  Respond to of 94695
 
We may only find out in hind sight, but this big pullback may have already started if it takes the form of a series of LOWER HIGHs and LOWER LOWs.

Donald, I am not real sure that is not what we are seeing. I think that (I believe it was on Monday) a couple of weeks ago when the market made such a huge move on the low volume was the last lunge. I recall looking at some stocks that day that were moving up 3 & 4 dollars that had never moved that much in one day in their entire existance. I am not talking about the mo mo's either. These were mid & small caps. I FELT then that it was a head fake.

We shall see.

Monty