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Strategies & Market Trends : Waiting for the big Kahuna
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To: randy kay who wrote (2385)7/14/1997 11:54:00 AM
From: Arik T.G.   of 94695
 
Randy,
My estimate is three weeks or Dow 8500, whichever comes first. That would be a good time to start acting.
Then there would be no correction. The market state is beyond correction.
There is a remote possibility of reaching 9200 next spring and crashing from there, but current red signals too numbered for this one to materialize.
Confirmation when S&P 500 below 900 (around dow 7860). That would be a good time to increase short position.
Arik.
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