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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ibexx who wrote (1258)6/22/1997 10:03:00 PM
From: William H Huebl   of 94695
 
Hi Ibexx,

You must not understand where I am coming from... I have been bullish and still am until I hear the BEEP!!! There is no clear evidence to me that this thing will end. Sure it is way out of line... markets can go months and years that way... and it HAS gone that way.

My contention last Feb and during the March sell-off was that the big one wasn't here yet... from a technical analysis standpoint, I said I could make a case for it to end the late middle of June (I picked the 20th AS THE PEAK if I am right.) I HAVE NOT REALLY BEEN BEARISH AND AM STILL NOT. I will not turn bearish until I hear the BEEP... but I think that is a matter of days away.

I hope that makes sense to you in some backward, intellectual manner.

Regards,

Bill

PS You may well be right... it could rage on for the rest of the summer... and as long as we have this level of interest in the Big Kahuna, that could be a sign it WILL continue. (I hope I am being open minded rather than empty minded... or absent minded...)
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