Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (790)	6/7/1997 7:36:00 PM
From: William H Huebl	of 94695

Hi Skeet, Wasn't Friday incredible... I am still in shock trying to understand why... How come the market reacted FAVORABLY to great unemployment figures??? The "best in history?" My Barron's indicators say there is more of the same coming which I don't understand either. A strong move up the beginning of the week and an up week (or in negative, safer terms... not a down week). I am still hanging on to my Bay puts... yes it can be told now after 2 weeks, that I have Bay puts I bought at 3... they went as high as 4 3/4 and are around 4 right now. Bay Networks is decidedly bearish. In fact, according to my own Nebulae... a sine wave indicator which is rarely wrong, BAY should really start to tank come Wednesday the latest... I am expecting a move from current levels back to 18 3/4 or there abouts. If it gets there, I am out, at least for now since that is a strong support area. Regards and good trading. Bill PS The quiet out on the BK is deafening... a sign of the Big One?

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