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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bilow who wrote (9688)11/14/1997 4:38:00 PM
From: GROUND ZERO™  Read Replies (2) of 94695
 
Hi Bilow,

I respectfully disagree. I had been one of the biggest bears around. I also expected to see 5700 again. But, the market appears to be working off its excesses very nicely. I think the volitility is great. I like it.

I submit, as I did on Tuesday a few weeks ago when the DOW opened 200 points lower at 6930 following Monday's 550 point drop, that the lows may be in place already. I posted on this thread that I will buy big on Tuesday's lower opening. I did. It appears that the 'test' just happened this week. I submit that we may very well see new highs by mid February. Probably sooner. BWDIK

Have a great weekend.

GZ
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