Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (3595)	8/2/1997 8:23:00 AM
From: William H Huebl	of 94695

Hi Bob, Here is my weekly forecast based on my Barron's indicators. MORE OF THE SAME... likely scenario: - strong move down early in the week as befits 2 weeks before EXPIRY. - strong move back up past current high starting Wednesday thru Friday. Comment: With the DOW now bouncing along the top Raff channel like other stocks like PG and GE... we can expect the SMART guys to be selling into the peaks . Now the moves up should be contained to 100 points per month max... after several months of very slow (comparatively) moves up, the impatience, rather than any event, may cause the BK. (Who is going to settle for a measly 12% per year with all the risk???) So here are my DOW picks as of today (could change tomorrow, granted)... High for August - 8350 high for Sept - 8450 high for Oct 8550 BWDIK??? Regards, Bil

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