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 (10906)	12/4/1997 10:43:00 PM
From: Richard Estes	Read Replies (1) of 94695

I think it will finish year about 8500, correction if it happens won't exceed 2.63% from last high achieved in this run. Now what is that worth, nothing. We rarely trade indices, all stocks don't move in the direction or speed as a index. Tell someone in oil serv or disk manufac that the dow has moved up. someone is in xyz, they better watch it than the dow. That is where their money is. The market guessing is a parlor game. The players mass around with enough whys to rationalize their mindset, bull or bear. But when it comes to their XYZ, they will hold while it falls wiping out their gains. Or sell a winner because the big fall is coming due to the latest fad "why".

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