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 (12171)	12/23/1997 6:59:00 AM
From: P.Prazeres	Read Replies (1) of 94695

Bill, Given the light volume in the next few days, I think that the Nasdaq will continue higher....it looks as if it has made a double bottom over the past two months. Next target 1750 led by the small and midcaps. Paulo ps look at the dow chart of 87...it tested the lows around th emiddle of dec and then took off...I still think 8500 would be about it for the dow. long bond getting closer to my 5-3/4% prediction of last spring. :-) the indicator that still concerns me is the number of new lows on the NYSE...until this number gets below 40 for a sustainable period of time , the status quo will prevail. We will know at the beginning of January.

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