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Strategies & Market Trends : Waiting for the big Kahuna
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To: J.T. who wrote (2449)7/13/1997 6:45:00 PM
From: William H Huebl   of 94695
 
Hi JT,

Combining many responses into one here...

I thikn the momentum boys are "show me" boys and I think it will take more than a 5% sell-off to show them. What would probably do it is a 5% sell-off, and move up of 1-2% and ANOTHER 5% sell-off... by the third time THAT happened, the markets would go into a nosedive.

I think the market needs things like smoking guns and repeat bad news before it will head south and NONE of that is happening yet.

BWDIK?

Regards,

Bill
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