Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (1776)	7/2/1997 4:53:00 PM
From: Hawk	of 94695

Hi Bill Well, it looks like a lot of us underestimated the staying power of this run that began in april. If unemployment numbers come in at the expected levels this market may be going right through the 8000 level. I also would of thought we would have gotten a pullback by now. But it appears that none is coming, even though valuation level are to the high side to say the least they are for the moment being disregarded. The SPX closed over 900, IBM over 92, and SOXX broke through resistance. Eventually, a pullback will occur, but it appears that it will be at much higher levels and by then my puts will be worthless. Even the techs are rallying in the usual slow period. Exuberance to say the least. I like to get your opinion. Regards Marc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next