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 (2314)	7/11/1997 5:01:00 PM
From: Death Sphincter	of 94695

HEY BILLLL!!!!--Here's the real poop Bill. Been with you since near the beginning of this thread. When the market did its correction thing this spring it had a chance for the Big K if economic stuff had come in showing inflation runup and subsequent FED raising...but it did not. Now we are getting even higher and I've been waiting for the NAZ to get up there, too, which it has. Then it was the HOPE of the Bears that there would be a string of misses by big boys, so far there haven't been, and it is even higher. The next 2 weeks will be VERY HEAVY with earnings and I'm not counting on a string of big misses. However, after the mass-o-earnings is out I'm looking for the "weight" to start bearing heavily. New economic data will then be coming. Since all were calling for a slower 2nd Q (which happened) they will now look for a confirmation of "steady". Continued slowing will bring concern of the dirty "R" word. Big increases bring concern of FED. Will be a very interesting time as IT IS TEETERING. Do we have sideways, with correction, as earnings try to catch up to justify the high evaluations(in the bulls minds). Or do we have correction from the shear weight and then some negative economic data that starts the spiral down? All the "indicators" says WOW!!!! look out...I agree...but I have not gotten my KEY INDICATOR yet. We must remember the title of this thread, "The Big Kahuna". So here is the real poop! When Frankie Avalon and Annette Funicello begin to post here and the Safaries are playing "Wipeout" in the background then I will have my key indicator. We Luv Ya Man, Tommy Sands

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