Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (13424)	1/22/1998 6:51:00 PM
From: William H Huebl	Read Replies (1) of 94695

BB, Always remember and never forget, there is an unceasing flood of new money entering the markets because of the 401Ks etc... So we may be going through mega distribution, but as long as the flood continues, there is no downside risk other than the prior lows as you suggest... But I DO think it would be wise to favor the trend direction until IT changes... and it is DOWN for now! Bill

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