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

To: William H Huebl who wrote (40241)	5/25/1999 8:21:00 AM
From: Moominoid	Read Replies (2) \| Respond to of 94695

I am convinced there will be something of a bounce here. The SPX hit the 34 day BB for the first time since 8 Oct 98 yesterday. Even in 1987 the SPX bounced up after hitting the 34 BB for the first time after the top. I can send you the charts if you like.... I don't think this is the top or that we are crashing necessarily. I think SPX is in a trading range and Dow is correcting back after overshooting. In April-Jun 98 that is what happened too. David