Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (45482)	1/10/2000 8:57:00 PM
From: Jerry Olson	Read Replies (2) of 94695

Bill while we just ran up very hard here, a small expected consolidation would be natural... we will not selloff hard, forget that..but 50-60 points on the SPX??? yes i think thats easy and doable..1480 is that buy signal watch for it..if it happens we'll go up much higher toward 1550-60...SPX remember we are in an awesome uptrend...even a .25 basis point rate hike will NOT derail this giant behemouth of a freight train...if he does anything at all..not a guarantee..and.50 is out of the question.. i see clear sailing from here thru late Mar-Apr..we are NOT overbought yet, we have not topped out yet, and yes we are seeing signs of froth, but the small and mid caps are just now being bought, and the bears and shorts are NOT dead yet.. they will be, but they have NOT thrown in the towel...when they do, i'll out and short... best of luck in your trades...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next