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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (7915)10/27/1997 7:43:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
Bonnie, Bonnie, Bonnie,

Be darned careful. I just downloaded and see a ton of support where the DOW is now... would have to drop over 100 to get by it.

If it does, 6,500 is next stop and 5,400 below that... and, and, and...

Japan is down 100 at open, but THAT is nothing...

Wait and watch and wait until the last minute to make up your mind and you will be able to build a castle...

(I am actually eyeing DGN calls... but I think things need a cooling off period... THE VIX INDEX WENT TO OVER 40 TODAY... THE HIGHEST IN HISTORY... )

But I do not have a buy signal yet...

Regards,

Bill

(Can you imagine old Cedric Johnston - not his real name - coming home after being out of contact with the market all day... SURPRISE!!!!!!!!!!!!!!!!!!!!!)
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