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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (34557)11/28/1998 3:31:00 PM
From: donald sew   of 94695
 
Bobby,

Yes I echo your sentiments. ggggggg

Per my previous updates, I still feel that we should see some a firmer top towards the end of this week (WED,THU,FRI).

I am suspecting a zig-zap pattern until then with tomorrow setting a very short-term top within this zig-zag pattern. Just a small top with a little selling late MON or TUE, then up again WED/THU for the firmer top. As to price target, my analysis is more targeted to time, but from some calculations, it is implying a range of 8350-8550, so I feel it could head higher, but it wont change the time frame unless the DOW was to pop 500 points specifically this week.

Seeya
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