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

To: Lucretius who wrote (37911)	3/3/1999 10:41:00 AM
From: donald sew	Read Replies (1) \| Respond to of 94695

Lucretius, You may be totally correct that the market is heading up, since that is what most people still think. The average investor, not the SI readership, are having some fears of only a small correction, but have not done anything about it since they mainly feel we are heading higher and the talk of 10,000+ is still around. All the brokers I deal with only think that the worse that can happen is a small correction to 9100 area then up to 10,000. Only on SI am I really hearing strong negatives, so since you are in the majority you may be right. Personally I have turn quite bearish recently since I am mainly relying on technicals, since Im a TA. What technical reasons do you feel will send this market much higher. Of course we all have GUT fellings, but I just cant seem to find much positive for this market on a technical basis. Yes I realise that technical analysis isnt everything so I will never say for sure that this market is heading one way or another. seeya