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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ibexx who wrote (14255)2/22/1998 8:11:00 AM
From: William H Huebl  Read Replies (2) of 94695
 
Ibexx,

Get out of the trees to see the forest...

Since Dec 1994 when this whole thing started, every 8 months, just like clockwork, we have a sell-off period of 3-4 months. We are due for another one in April. The sell-off amount has been anywhere from 2 - almost 20% PEAK TO LOW (worst case, obviously). And the sell-off amounts have grown each time. And each move up has been from 25 - 35%.

So here is your forecast...

April 17, 1998 is your peak at 9,600 followed by a 1,900 points slide which will be reached by July 1, 1998.

What do YOU think... and don't be vague, and no hedge words!!

Bill
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