Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: RLM who wrote (7841)	10/27/1997 8:05:00 PM
From: bearshark	Read Replies (2) of 94695

RLM, Actually, I expect the market to see 3,500. I have stated this on more than one occasion since I first came to SI in September 1997. Since the August high in the DJI of 8,299 we have gone to 7,161. That is a 13.7% decline. Almost a real correction. As I have also posted, I expect tomorrow's market to determine whether we are in a bull or bear market. I believe it will indicate bear market but I do not care if it indicates bull market. I have been in this market from 570 to 8,299 on the DJI and it has always been a source of fascination for me. Enjoy your opportunity to trade this market. There is nothing else like it.

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