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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (13732)2/1/1998 3:38:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 94695
 
Bill, may I offer my two cents? Seasonely the market is up first week of February. Bulishness is again rampant, SE Asia is out of sight from a media point of view, and for Joe Six Pack the crisis is over.

We are also entering IRA season and January was a coutios month. Way back you were speaking of an "upwards crash" well, higher lows with steady highs only point to an upward move and a strong one.

Irrational YES, impossible NO! Reversal from there may be by second week of March. Remember history repeats itself, last year we peaked in February intermidiate, and I speculte same this time.

BWDIK

Haim
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