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


To: Vitas who wrote (38039)3/7/1999 4:19:00 PM
From: bobby beara  Respond to of 94695
 
Vitas, I'm working on a chart that will splain where I think we are at.

I believe we are at a crossroads. We could have made a double bottom on the a/d line and now have completed the 4 year cycle. This would entail the Oscillator staying above zero for 30-45 days and bringing the summation up to 3000 to give the bull market a breadth thrust that would keep it moving upwards possibly into the next 4 year cycle top, with a mild correction into the July cycle low.

The other possibility is that we have a weak breadth thrust here and money continuing to flow into big caps, have a big cap blow off and a severe correction into the July cycle low.

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