Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: pater tenebrarum who wrote (40834)	6/21/1999 9:37:00 PM
From: William H Huebl	Read Replies (1) of 94695

HB, I don't know whether you had the benefit of some of my previous posts... the short story is that a 3% KAGI on the DOW shows a broadening formation and based on that, last Dec 1998 I forecast the peak would be 11,400. The lower trading band is under 8,000. So THAT is how I believe we can know the runup is over. And you have it right when you say it is hard to tell WHEN it will be over and start to fall. What I was hoping for is a uptick in electric utility volume which DID occur and together with the 55 day rule, HOPEFULLY (lotta wishful thinking here, boys and girls) the BK REALLY STARTS July 7th. To further complicate the matter, the Feds meet 2 weeks before and England starts selling it's gold the day before. It's times like this that make me wish I could go back to bat wings, eyes of newt and chicken guts... at least you put your HANDS on the forecast! <gggggggg> Bill

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