Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (13641)	1/29/1998 9:32:00 PM
From: Simon	Read Replies (1) of 94695

the move is late in the formation--so watch out for the end run.>>> The charts are spooky. It's rather late for a new rally like 1994 which came out of a triangle. I'm almost turning bullish, but rather fearful of a bull trap coming out of the S&P and Trans. Good charts. Any thoughts? Seems like the next few days will be critical. I doubt if AG will tolerate a blow off rally. He could short the S&P and save himself a hell of a lot of aggrevation putting up billions of dollars to bail out Wall St. if the blow off ends with a $ 1000 pt drop. I am sure he remembers 1987 with unlimited credit to Wall St. to prop it up.

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