Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Qualified Opinion who wrote (78450)	1/10/2008 9:23:17 PM
From: Real Man	Read Replies (1) of 94695

No clue, but the hilos appeared. Overall, quite a few bombs lately in a form of reduced analyst estimates, warnings of more writedowns by analysts, etc. Maybe the patient was bombarded into oblibion, so any news that he will live one more day will cause a rally. On the other hand, there could be more bombs. Without all this I would expect a rally for t his expiration week and a BKX index rally to possibly test 90. However, (expected) writedown bombardment is a bit more unpredictable. If Citi comes out with a big bomb on Tuesday, it all may be ruined -g-

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