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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (5118)9/10/1997 6:46:00 AM
From: William H Huebl   of 94695
 
Bonnie,

Looks like a retest of the 6.4 area on bonds before a move back up. And if we break the 7.3 area on the next move up, the move over 8.0 would sound the death-knell for the markets.

But it could go either way... a break below 6.3 could get us below 6.0 and certainly new highs in the stock markets... something I am expecting...

And what is this fixation with 6.66? Certainly using some of the Fib arcs will get you in that ballpark, but REALLY!

(ggggg)

Regards,

Bill
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