Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (40815)	6/21/1999 7:08:00 AM
From: GROUND ZERO™	Read Replies (1) of 94695

My first guess is that rates will likely drop in the long end... the main focus for me is the chart pattern, not the possible myriad of reasons the markets 'should' go up or down... simply, based on my analysis, the pattern is very strong and indicates to me a continued up move from here... the NASDAQ gave me a rare seven day chart pattern which is still intact, this is very bullish... it's not for me to say anything is overpriced or under priced, how would I know... I don't even have the first clue, but the chart tells me when to buy and sell... also, the SP's have indicated to me that they have reached a significant low just recently, so I'm bullish there too... the DOW will follow... For me to pick any one or two facets of the economy and then determine as a result that the markets 'should' act accordingly would be folly on my part and I honestly believe that many otherwise good traders and investors fall by the wayside because they make that fatal error of judgement... I just follow the markets and trade accordingly..... GZ

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