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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (15272)3/26/1998 10:45:00 PM
From: donald sew  Read Replies (1) of 94695
 
Bill,

At this time Im going with a 2.5%-5% pullback, which really isnt that much and is reasonable, at least for now.

Lots of stuff happening next week. Economic reports are starting to come in worse than expected. Commodities are going up (CRB, GOLD). OPEC has there meeting on Monday. Greenspan on Tuesday - he wont increase rates but what happens just if he says something that the market does not like. I am not all that sure that there is that much money on the sidelines as it was in previous weeks.

Seeya
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