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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (15648)4/7/1998 9:32:00 AM
From: Barbara Barry  Read Replies (2) of 94695
 
Hi Bill,
I'm back!And my "all knowing" indicators (ggg) still say not to buy puts,yet.IMHO...I don't think the next downdraft will be either as drastic or swift as last Oct.(darn it!)Many thought Iraq,Clinton,or Asia would do the trick.(there's a punn in there somewhere)Now not even bad earnings are taking us down!GHEEZ!Makes a girl want to quit.Even the charts say higher.As long as interest rates are low and the $$$$ keep flowing this market will keep going now matter how crazy it all is.U.S. $$$ might slow this month but who's got a handle on foreign $$$ flowing in?My favorite scenario would be about 9400 by the week of 4/20...then ~8200 by the week of 5/4. But I doubt if I'll be that right (lucky).Seriously, I can see 7800 as possible, but where did you come up with 4800???Or where you just joshing again?
Regards,
Barbara
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