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 (66396)	10/2/2003 9:47:11 PM
From: Real Man	Read Replies (1) of 94695

Yep, I think it's about to start for real? Let us watch today's highs tomorrow. If we are about to go down, they should not be exceeded - at least, not by much (perhaps, 5-10% of the move up is left, if that). Then, it's either a correction on the way up, or the real thing. I think we'll find out soon! The correction should at least be ABC, so these should be clear. I think if this decline is for real, then we are currently in wave B, which may have ended today. The target for complete A down is 8900 on the DOW. In a bullish scenario, we should correct 50-62% of the move up.

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