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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ibexx who wrote (4633)8/30/1997 1:41:00 PM
From: William H Huebl   of 94695
 
Hi Ibexx,

Flight to quality continues, no matter what people say. And this week will be no different than last EXCEPT Friday will be the wild day... and IF the markets get near 7,200 by the close Thursday, then expect the markets to move up Friday. Otherwise, it will be down.

WORD OF CAUTION!!! If the DOW gets much below 7,200... NEXT STOP IS 6,000 (ooooops, who said that?)

The recovery, other than in the doomsday scenario, should be to the 8,100 level over the next few weeks.

BWDIK?

Regards,

Bill
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