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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (42532)7/31/1999 7:17:00 PM
From: pater tenebrarum  Read Replies (2) of 94695
 
Bill, what makes you believe we will drop 600 pts. on Monday? i sure think it's possible, but what indicators convinced you Monday will see the, well, medium sized Kahuna? btw, what's your estimate of panic bottom volume? i personally think a panic spike low would require volume of 2,5 bn. shares or more, about three times the average.
to come back to monday, if indeed a drop of that magnitude should occur, do you think that would be it, or would you expect more downside eventually?

regards,

hb
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