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Strategies & Market Trends : Waiting for the big Kahuna

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To: Arik T.G. who wrote (3560)8/1/1997 11:39:00 AM
From: Tom Trader   of 94695
 
Arik, thanks for your response

No opinion on GE or the market

I am short the S&P futures and the bonds.

I'd like to see how the market closes and that may clue us in on whether this is the start of the correction. I am not willing to call today's action as the end of the bull market. In fact, my gut tells me that after some downside the market will rally again--but let us see what happens.

Regards
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