Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (9986)	11/18/1997 8:48:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Bill, SPX hit twice the 948-49 level and reversed. Technicaly is not encouraging. Also the sudden selloff at the close (last 10 minutes) was not of the bulish type as you closed toward the intraday lows. Will see Europe tommorow morning, Globex is quite volatile, and NIKKEY found an excuse to take profits after close to 1700, point to the upside. Japan problems aint over but will see, as I said before I am with open puts on shorts and not feeling good at all. I may be proven wrong and the market will be neutral but, I do not think so. Happy trading Haim

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