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Strategies & Market Trends : Waiting for the big Kahuna

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To: kahunabear who wrote (2706)	7/18/1997 11:17:00 PM
From: Cynic 2005	of 94695

Britt, I lost the Gurudom you bestowed upon me in December - don't do this to me again. -g- What a coincidence, Greeny speaks next week! Only that I don't think he will say anything to the congress about the market. Even if he does, this time they will ignore it. Any how, for the record - this past wednesday is a blow-out top but not absolute top for DOW. on an intra-day basis the absolute top will be 8150. The closing top will be about 8075 - all this is on or before July 25th, next Friday. If a new high is not set next week, even on an intra-day basis, this past Wednesday is the top. BTW, I will vote for Roger as Guru any day whether he is right or wrong on the market call. His investment acumen is just great. I rode citrix higher as a momentum play, and made money. Sold my March 30 protective puts for a mere $100 which were worth $12k just a week later. Of course, this is after I closed my long positions for a profit. Mistake. Roger hit a home run with his Citrix short - and he was open about it since Citrix first it 45 and he rode it tough even when it hit 55. Regards. -Mohan

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