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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (50938)4/12/2001 1:24:02 PM
From: blitzfund  Read Replies (1) of 94695
 
Hi GZ, Yes the DOW and S&P have rallied quite nicely, I might have been more convinced if it had been nice and slow.

Unfortunately, this sharp rise could reverse just as quick.
IMHO I just don't see the market letting everyone off the HOOK that easy.

This leads me to believe that Bill may be correct in his assessment that we are in for a drop, although if the Markets drop I think it will be BIG KAHUNA style. (1,000 points on the DOW and 100 points on the S&P) that way not giving anyone a chance to get out.

BLITZ

PS. I know this sounds bleak, and I really feel sorry for some of my friends that have been caught up in the RETAIL market jargon.
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