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Strategies & Market Trends : Waiting for the big Kahuna
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To: bearshark who wrote (40917)6/23/1999 8:24:00 PM
From: pater tenebrarum  Read Replies (2) of 94695
 
Bearshark, the combination of Don's recent class 1 sell signal and a projected short term cycle low for tomorrow should give us one more down day at least (maybe COMPX down, Dow up?). then i would expect end-of-quarter window dressing to buoy the stocks and sectors that have done well recently once more. by the beginning of july the market will likely have to contend with a post-FOMC hangover and sell off a little. that sell-off could conceivably serve to establish the base you're looking for. we'll see.

regards,

hb
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