Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (10917)	12/5/1997 6:36:00 AM
From: William H Huebl	Read Replies (2) of 94695

GZ, The only reason I picked mid-Dec for this round's drop is I could see a similar pattern in prior sell-offs. One of the things I like to do is to TRY to set up a reaonable scenario for what I expect the markets to do... and, based on market performance against that scenario, trade options. Here is what makes sense to me from what I see out AT LEAST 6 months from now, IMHO: - as much as a 10% pullback by th 19th - move up to new highs in Feb - 8,800 target - weakness from possible Fed decision to increase rates during Feb - Mar - possible move to even higher ground (9,000) by April - BK Regards, Bill BWDIK?????

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