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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ibexx who wrote (1263)6/23/1997 5:58:00 AM
From: William H Huebl   of 94695
 
Hi Ibexx,

You know I was talking about the DOW. And it was an extrapolation to the maximum Raff channel that got me the forecast.

As you intimated, we should see some profit taking this morning.... CNBC is showing many stocks down overseas... This would be nothing new to a post triple witching expiration market which has gone up gangbusters during the quarter.

The key will be how FAR it goes and whether it recovers immediately. If not, watch out.

Regards,

Bill
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