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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (13403)1/22/1998 12:20:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
I agree and your post confirms what I think; that we will have a two or three day shot at calls before buying puts. Resignation??I doubt that.
My charts are sloppy no matter what time frame I use,so for now very quick trades are in order for me.I don't know if your correction will come quite so soon or in March?This latest news is pathetic...but I don't what news will shake things up.I would have thought we would have retested the lows before now so I haven't called it right yet!
TA shows the nervousness and uncertainties,but doesn't tell yet the real impact of all the bad "news".Maybe that's why we need someone to do PA(psych analysis)<VBG>
Very early on we had a fun little game going on this thread...remember?
What will cause the BK?Well most of our "guesses" have materialized and yet no BK.Should we try that game again???;)
Regards,
Barbara
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