Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (1448)	6/26/1997 7:32:00 AM
From: Jerry Olson	of 94695

Hi Bill how are you?? We havn't posted for awhile so thought I would throw in my 2c. BTW have you been watching KLIC, i gave it to you before it still looks super strong. For the first time I'm becoming bearish. The bullish sentiment is overwhelming, and the specuators are emerging. Christ my maid asked my wife what she should buy tommr. in the Stock Market!!!!!! That was it for me!!! When people want to throw money " a couple of thousand she said"" into this market we are at a top. I have senn this senario before, we can NOT break thru 7800. The S&P 900 level can not be breached. And my Tech indicator IBM will NOT close over 92+ its been there 4-5 times like the market and refuses to go higher. I have NO puts but will remedy that today and into FMOC meeting. I don't know when this 5-7% correction will happen but I'm thinking after next weeks meeting. NO I don't see Alan raising rates. NO Way. But the euphoria and extreame volitlity has me scared. Always enjoy your posts, Best Regards, Jerry

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