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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (2233)7/9/1997 11:10:00 PM
From: William H Huebl   of 94695
 
Hey Paulo,

I don't know where you are coming from... today we took step 1 of the big K. As others have said... this may be the "head" formation of an H&S. If so, we could be on the verge of a several thousand point drop within the next 2 weeks... probably longer...

And it could just be the 2 weeks before options expirations and the volatility associated with it.

Now what were you saying about WDC and APM. (I charted them out and they look very bullish compared to the market... but tides raise and lower ALL boats...)

Be careful...

Regards,

Bill
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