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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (10969)12/5/1997 7:11:00 PM
From: GROUND ZERO™  Read Replies (1) of 94695
 
Hi Bob,

Yeah, some day. All resistance was broken with a vengeance. Maybe we'll correct after we see new highs. The SP's put in new highs. But, I'm not one to complain. Yippee!!!

Over 3 1/2 billion dollars of additional mutual fund money went into the market this week alone. This is the strongest Friday close since July 3rd. That was a Thursday and Friday was closed due to July 4th, but that week ended with a 100 point rally.

Joe Granville was bearish for years. I also hear he's predicting 10,000 by January. If the market goes up 100 points a day from now on, he'll be right. He needs to reduce his medication. Is Gail Dudack still bearish? She's very bright.

I see you made it through the storm. Did you trade?

GZ
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