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Strategies & Market Trends : Waiting for the big Kahuna
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To: bobby beara who wrote (1833)7/2/1997 4:47:00 PM
From: Tom Trader   of 94695
 
Bob and the other Kahunaites,

If there is one thing that I will say to you yet again, is that you should not fight the trend. The BigK may occur tomorrow, next week, next month, next year or the next century--I have no idea when and neither have you. When the trend changes, go short--don't try to catch the top.

I added to my long positions today, in a small way and would have been aggressively long if the DOW had closed over 7800, decisively. Will do so tomorrow or next week, if all of the pieces are in place. If these levels are causing you to have vertigo, just stand aside until the time comes when you are comfortable taking a position in the market.

Good luck to all.
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